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

  • prior was -1.9%
  • Nineteenth consecutive month of “high street” deflation
  • +0.1% m/m
  • UK shop price deflation continued
  • Food prices falling on the year (first time since this series began in 2006), down 0.2% y/y

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