Food prices fell back into deflationary territory in May, according to the latest figures from BRC-Nielson.

The statistics showed that overall shop price deflation was at 1.8% in May, following a 1.7% decline in April.

Non-food deflation eased to 2.7% from the 2.9% the month before, but food moved back into deflationary territory in May at -0.3%.

There was an acceleration in fresh food’s deflation rate, falling from 0.5% in April to 0.8%. Ambient food inflation fell back to 0.4% in May after accelerating in April to 1%.

“The fact that today’s figures remain deflationary doesn’t come as a great surprise,” Helen Dickinson, chief executive of British Retail Consortium. “We’ve experienced a record run of falling shop prices and, for the time being, there’s little to suggest that’ll end any time soon – so the good news for consumers continues.”

 

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