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 […]
Discounts on products such as televisions dampened retail inflation in June. (Stephen Chung) According to new data from the British Retail Consortium (BRC), shop price inflation fell to its lowest level since October 2021, falling to 0.2% in June from 0.6% in the previous month. The June figure is also below the three-month average of […]
According to new figures from the British Retail Consortium, shop price inflation fell to 0.8 percent in April from 1.3 percent in March. (Mike Kemp via Getty Images) Clothing and footwear were among the items contributing most to the decline in annual store price inflation in April, as pressure on UK consumer spending continues to […]
According to the Resolution Foundation, price inflation in the rental market could mean an average increase of 13 percent over the next three years. (urbazon via Getty Images) The recent rise in new let rental prices in the UK, which have risen by almost a fifth (18%) over the past two years, appears to be […]
