FOOD inflation slowed this month after April's all-time high, offering a glimmer of hope to struggling shoppers.
The price of groceries went up by 15.4% in the year to May, down from 15.7% in April.
The fall has been driven by supermarkets lowering prices to compete after a drop in energy&nbsp;and commodity costs. But while May's figure provides some good news, it is still the second fastest annual increase ever measured.
Ambient food inflation - or stable items that can be stored at room temperature rose from 12.9% in April to 13.1% in May,&nbsp;according to the British Retail Consortium and NielsenIQ.
BRC chief executive Helen Dickinson said: "While overall shop price inflation rose slightly in May, households will welcome food inflation beginning to fall.
"Fierce competition between&nbsp;supermarkets has helped keep British food among the cheapest of the large European economies."
Prime Minister Rishi Sunak is believed to be considering a plan for supermarkets to place a cap on the price of basic items such as bread and milk. But the BRC said the measures would not help and could curb efforts to cut inflation.

Food price hope as inflation rate slows

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 8,500+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.