Tumbling energy costs and a price war between Britain’s supermarkets have slowed food inflation to its lowest rate for nearly two years in a boost for households trying to cope on stretched budgets. The cost of meat, fish and fruit dipped in February, meaning food prices rose 5% on last year, down from 6.1% in January and the lowest since May 2022, according to the British Retail Consortium (BRC) shop price index. Although the figures show prices are still rising, the rate is far lower than the double-digit increases consumers have consistently faced since rising energy prices triggered rampant inflation over the ... (full story)