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  • Lowest shop price inflation since December 2021 as some prices actually fall - BRC says

    Items bought in shops are becoming more expensive at the slowest pace in more than two years, according to latest industry figures which show that some prices are actually falling. It means that goods, such as clothes and food, are becoming more costly but far less than before, according to the shop price index from the trade organisation for UK retailers, the British Retail Consortium (BRC), and retail behaviour researchers NielsenIQ. Why have some prices fallen? The shop price index for April...

  • UK inflation falls to lowest level since late 2021

    Inflation in the UK fell to its lowest level in two-and-a-half years in March after a further easing in food prices, official figures show, a development that could further pave the way for a welcome cut in interest rates soon. Consumer prices rose by 3.2 per cent in the year to March, down from 3.4 […]

  • Inflation in UK shops slows amid price cuts on clothes and shoes

    Prices in non-food stores are lower in April than a year earlier as stores offload summer stockPrices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes on inflation, the latest snapshot of high street spending trends has shown.The monthly bulletin from the British Retail Consortium (BRC) – the lobby group for the industry – found that the battle by store owners to offload summer stock in cold and wet weather meant...