UK data – British Retail Consortium (BRC) Shop Price Index: -1.9 % y/y (vs. expected -1.6%)

British Retail Consortium (BRC) Shop Price Index: -1.9% y/y

• expected -1.6%
• prior was -1.8%

• The -1.9% result is the biggest fall since this series began in December 2006

The British Retail Consortium (BRC) Shop Price Index measures price changes in BRC-member retail outlets in the U.K.