01-04-2025 01:01 via retailgazette.co.uk

Retailers limit price rises in March despite cost pressures

Retailers held back on price rises throughout March, despite cost pressures weighing upon the sector.
Overall shop price inflation jumped to -0.4% year on year in March, against a drop of -0.7% the month prior.
Non-food inflation grew to -1.9% year on year during March, compared to a decline of -2.1% in February.
Additionally, food inflation was up to 2.4% year on year in March, against growth of 2.1% the month before, with ambient food witnessing the highest rise to 3.7% in March, from 2.8% gro
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