UK BRC shop price index +0.6% y/y vs 1.0% prior

  • The latest British Retail Consortium (BRC) Shop Price Index
UK economic data down
  • Annual shop price inflation up 0.6% y/y
  • Food -3.0% with fresh food prices falling the most since 2020
  • Non-food items -0.6%

This report tracks price changes for around 500 of the most commonly bought products. It shows there is plenty of room or the Bank of England to cut rates.

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