Bargains continue to be available on the High Street as prices continue to tumble.

The latest British Retail Consortium Shop Price Index inflation rate for August showed that prices are 0.48 per cent below this time last year.

The overall index stands at 100.68, up only slightly from July, when prices were at their lowest level for almost two years.

Food prices are 1.26 per cent up compared to last year while the price of non-food items showed a decrease of 1.55 per cent.

Overall shop prices in August showed a rise of 0.19 per cent from July, mainly as a result of the price of non-food items increasing by 0.68 per cent.

Kevin Hawkins, BRC director general, said: " Intense competition in the retail market and weak consumer confidence continues to keep prices low."