Deflation
This coverage examines deflation and its implications for the UK retail sector, focusing on price trends, consumer behaviour, and business strategy in a declining price environment. Reporting highlights economic indicators, sector responses, and challenges retailers face in maintaining margins and demand during periods of deflation. Retail executives, finance managers, and strategists can use these insights to plan for shifting market conditions.
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Oct- 2019 -18 OctoberEconomy
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail Performance. Compared with August, the average weekly footfall in the month fell by -7.3%. Additionally, the number of shoppers visiting the high street in London and the south east continued…
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Feb- 2019 -14 FebruaryEconomy
UK inflation hits two-year low in January
The Consumer Prices Index (CPI) 12-month rate fell to 1.8% in January 2019, down from 2.1% in December 2018, according to the latest figures from the ONS. This fell below the Bank of England’s inflation target of 2% for the month, with the Retail Prices Index (RPI) also decreasing to…
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Jan- 2019 -30 JanuaryEconomy
January shop price inflation highest since 2013
Shop price inflation increased to 0.4% in January, up from 0.3% in December 2018 – the fourth consecutive month of price increases and the highest inflation rate since April 2013. According to the figures from the BRC-Nielsen shop price index, non-food deflation continued to decelerate, with prices falling by 0.3%…
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Aug- 2018 -29 AugustEconomy
Shop price deflation comes to an end in August
Shop prices entered inflationary territory in August for the first time in over five years, with prices increasing by 0.1% compared with the 0.3% decrease in July. Non-food deflation continued to ease in August to 1% from 1.4% in July, the lowest rate of deflation since April 2013, and food…
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1 AugustEconomy
Shop prices in July reach lowest deflation in eight months
The non-food items category reached its lowest level of deflation since December 2017, at 1.4% in July, according to new British Retail Consortium (BRC) data. The latest BRC-Nielsen Shop Price Index showed fresh food inflation rose 1.6%, compared with only 0.8% in June, and ambient food inflation increased by 2.2%,…
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May- 2018 -2 MayEconomy
Fall in shop prices marks fifth year of deflation
Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British Retail Consortium (BRC) and Nielsen’s monthly Shop Price Index’s, this also represented the deepest period of deflation since last February. This drop fell in line with the pace of decline…
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Apr- 2018 -4 AprilHigh Street
UK shop prices plummet to lowest point in a year
UK shop prices in March fell at their fastest rate since February 2017. Deflation in non-food prices decreased at a rate of 1.9% in March, according to the British Retail Consortium. Food inflation slowed down substantially in March, inflation standing at 0.4%, down from 1.6% in February. This is the…
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Feb- 2018 -28 FebruaryEconomy
Pressures on shop prices ease
February shop price deflation deepened to 0.8% in February 2018 compared 0.5% with the previous month. According the British Retail Consortium deflation in non-food prices deepened in February, with prices decreasing at a rate of 2.2% compared to January when prices declined by 1.9%. This was the deepest deflation since…
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Jan- 2018 -5 JanuaryEconomy
Christmas discounts push shop price deflation to 9-month high
Shop prices in December fell at their fastest rate for nine months, having previously been “teetering on the edge of inflation,” according to new figures. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index showed overall shop prices dropped 0.6% cent in December compared with the same month…
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