Clothing and footwear were among items that led the charge in a drop in annual shop price inflation in April, as the heat continues to dial down for UK consumer spending.
Shop price inflation eased to 0.8% in April, down from 1.3% in March, below the three-month average rate of 1.4% according to new figures from the British Retail Consortium. Shop price annual growth is its lowest since December 2021.
Non-food items were in deflationary territory, down 0.6% in April from a rise of…