Food and drink prices have increased slightly, but have not affected inflation, according to the British Retail Consortium. Food and drink prices in March rose slightly compared to figures for February, particularly tea bags. Overall retail prices increased by 0.6% month-on-month in March and by 0.69% on March 2001 figures. BRC director general Bill Moyes said: "Fierce competition across the retail sector is keeping high street prices way below rises consumers are experiencing elsewhere. "Retailers continue to deliver stable economic growth without causing inflationary problems." {{NEWS }}

Topics