Data: Food inflation slows for first time in two years

// Food inflation in May slows for the first time in nearly two years but is still the second-fastest annual increase ever measured
// Annual food inflation slipped slightly from 15.7% to 15.4% this monthFood inflation has fallen for the first time in nearly two years – but is still 15% higher year on year.
The latest figures from the British Retail Consortium show annual food inflation slipped slightly from 15.7% to 15.4% in May.
Despite the fall, it was still the second-fastest annual in