Deflation

Today’s news in brief-29/10/24

The British Retail Consortium (BRC) has urged the chancellor to prioritise keeping prices low as shop price deflation reached 0.8%…

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BRC calls for chancellor to keep prices low

The BRC has called on the chancellor to keep prices low ahead of the budget as shop price growth hit…

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Wickes sales jump 4.2% to £312.1m in Q3

Wickes has delivered stronger sales and a volume growth in retail, with LFL sales up 4.2% to £312.1m for the…

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Today’s news in brief-2/10/24

Shop prices fell by 0.6% in September, marking the lowest annual growth since August 2021. Non-food items saw deflation deepen…

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Shop prices move further into deflation

Shop Price deflation was at 0.6% in September, down from deflation of 0.3% in the previous month and below the…

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Today’s news in brief-27/8/24

UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3%…

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UK shop prices fall for first time in three years, BRC finds

UK shop prices fell for the first time in three years since October 2021, the British Retail Consortium revealed.  The…

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Today’s news in brief-30/7/24

Andrew Keith, CEO of Selfridges, has announced his departure to pursue new ventures, marking the end of his tenure characterised…

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Shop price inflation remains unchanged in July

Shop Price annual inflation remained unchanged at 0.2% in July but economic uncertainty could lead to future rises, the British…

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Today’s news in brief-28/5/24

Shop price inflation has returned to normal levels, with the British Retail Consortium (BRC) reporting a decrease in annual shop…

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