Overview

• Annual shop price inflation fell to 0.2% in June, the lowest since October 2021.
• Food inflation decreased for the 14th consecutive month, now at 2.5%.
• Non-food prices saw a 1% deflation, driven by discounts on items like TVs.
• Despite falling fuel prices, the cost of petrol and diesel remains high in Great Britain.
• The upcoming election could see the next government benefit from these economic shifts.