![Food prices ease but credit card borrowing leaps wildly](https://cdn.magzter.com/1583504377/1719879028/articles/zsN_6JH0d1719903048886/FOOD-PRICES-EASE-BUT-CREDIT-CARD-BORROWING-LEAPS-WILDLY.jpg)
The average price of goods in stores nudged up 0.2% year-on-year in June, down from 0.6% in May and the lowest since October 2021, trade body the British Retail Consortium said.
The deceleration was driven by food prices, where inflation dropped from 3.2% to 2.5%.
Helen Dickinson, BRC chief executive, said: "During the height of the cost-of-living crisis, retailers invested heavily in improving their operations and supply chains to compensate for the impact of global shocks on input costs.
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