The British Retail Consortium Shop Price Index measures price changes in the popular retail outlets in the UK
Down 0.1% y/y in September
- Smallest fall since May 2013
Annual food price inflation +2.2 percent in September (+1.3% in August)
- increased at the fastest pace in almost four years
"Stretched family budgets will continue to feel the strain as increases in the price of the weekly shop add to overall rising inflation which continues to outpace wage growth," said Helen Dickinson, BRC chief executive.
GBP shows little response