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Retail inflation stable, clothing and shoe prices fall in July


Retail inflation stable, clothing and shoe prices fall in July

UK shop price inflation remained stable in July after a period of decline amid fears that economic uncertainty could push prices up again. According to the British Retail Consortium (BRC)-NielsenIQ Shop Price Index, annual inflation was 0.2%, just below the three-month average of 0.3% and marking the lowest rate since October 2021. Food inflation continued […]