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UK data - BRC Shop Price Index for March +2.1% y/y (vs. prior 1.8%)

UK data - BRC Shop Price Index for March +2.1% y/y (vs. prior 1.8%)

News
Eamonn Sheridan
29/03/2022 | 23:06 GMT
  • British Retail Consortium monthly shop price index

This is an inflation indicator (its not the official CPI, of course).

BRC says the jump of 2.1% y/y in March is the highest in nearly 11 years.

BRC says rising costs are being accelerated by Russia's war on Ukraine.

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