UK data - BRC shop price index for October -0.1% y/y (prior -0.1%)

British Retail Consortium Shop Price Index measures price changes in the popular retail outlets in the UK

Down 0.1% y/y in October

  • prior was -0.1% y/y, the smallest fall since May 2013

Little GBP response (there rarely is to this data point)

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This indicator has been sowing persistent shop price deflation

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