This does not mean that we are going to see prices in the shops starting to go down though
A Northern Irish shopkeeper has said that the rate of price increases "should slow down by the summer months" but are not likely to be reduced.
The shopkeeper said: "Over the past year or so I have not seen this level of price increases with certain products rising two or three times during that period when normally there would just be an annual mark up. "Although, despite this, there hasn't been a fall in footfall within shops, especially when compared to the financial crisis in 2008 which had a huge impact on small businesses in particular.
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