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UK shop price inflation cools as retailers ramp up clothing deals

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inflation Shoppers and visitors out on Oxford Street on 11th April 2024 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street with around half a million daily visitors to its approximately 300 shops, the majority of which are fashion and high street clothing stores. (photo by Mike Kemp/In Pictures via Getty Images)

Shop price inflation eased to 0.8% in April, down from 1.3% in March, according to new figures from the British Retail Consortium. (Mike Kemp via Getty Images)

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…



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