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Food price inflation accelerates

Food price inflation accelerated to 1.4% on the year in May, up from 0.9% a month earlier, figures from the British Retail Consortium and Nielsen show.

Prices overall fell 0.4%, as non-food items experienced price deflation of 1.5%.

Overall prices continue to fall on the year, although the rate now is the slowest since November 2013, BRC chief executive Helen Dickinson said.

Click here for the full Times article (£)

Click here for the full Bloomberg article

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