Shop prices fell by 2.4% in February, lower than January’s decrease of 2.2% as the impact of lockdown on consumer spending subsisted.

This was below the 12- and six-month average price decreases of 1.7% and 1.8% respectively, according to the BRC-Nielsen Shop Price Index.

The rate of deflation was exacerbated by non-food prices, which fell 3.9% in February compared with a 3.6% decline in January, as retailers tried to tempt shoppers to buy.