- prior was -1.4%
- Biggest drop on record (previous largest was the -1.4% in February) (Note records for this indicator go back to only 2006)
- Note also that this is shop prices, it doesn’t cover items common on a household budget such as utilities bills, school fees, etc.
—
The British Retail Consortium (BRC) Shop Price Index measures price changes in BRC-member retail outlets in the U.K.