Shop Price Inflation Slows: UK shop price inflation fell to 0.9% in July, down from 1.2% in June, offering a rare moment of relief for households as retailers competed with aggressive World Cup promotions and summer stock clearances.
Fresh Food Deflation Eases Pressure: While overall food price inflation dipped to 2.2%, fresh food inflation remains stubbornly high at 3.1%, though this still represents a marginal improvement from June's 2.8%.
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