Nielsen news and archive

Shop prices continue to fall, but Brexit concerns mount

Shop prices in the UK fell by 1.6 percent in September compared to August as retailers attempted to woo shoppers back into stores, new data reveals. That’s below the 12-month average price decrease of 1.1 percent, but above the six-month average price drop of 1.7 percent, according to the latest BRC-Nielsen Shop Price Index. Non-food prices fell...

Retail

Shop prices fall in August but Brexit uncertainty looms

Shop prices in the UK fell by 1.6 percent last month compared to a drop of 1.3 percent in July. Non-food prices fell by 3.4 percent compared to a decline of 2.9 percent in July, according to the latest BRC-Nielsen Shop Price Index. Helen Dickinson, CEO of the British Retail Consortium, said in a statement: “Consumers will welcome another month...

RetailFeatured

Shop prices rise at fastest rate in nearly six years in January

Shop prices in January rose by the fastest pace in almost six years despite the post-Christmas discounting period, according to new figures. The BRC-Nielsen Shop Price Index revealed that shops increased prices by 0.4 percent compared to the same period a year earlier - the biggest increase recorded since April 2013 - marking the fourth...

Retail

UK shop prices fall again in lead-up to Christmas

After several months of steady rising it looks like shop prices have taken a dive in October as shoppers feel the squeeze. New figures by the BRC-Nielsen Shop Price Index reveal that prices fell by 0.2 percent year-on-year. The deflation of non-food items has accelerated to 1.1 percent in October from 0.9 percent in September as retailers...

RetailFeatured

Global consumers lose confidence in UK

The UK is quickly losing the confidence of global consumers as new insight shows morale collapsed following the result of the EU referendum. According to Nielsen's Global Survey of Consumer Confidence and Spending Intentions, the UK has gone from being the second most confident country in Europe to ninth place, behind Denmark. The survey shows...

Retail

Shop prices fall again in August

UK shop prices fell by 2 percent in August, falling at a fast rate than the 1.6 percent decline in July, according to the latest figures from the British Retail Consortium and Nielsen in the monthly shop price index. Non-food deflation accelerated to 2.5 percent in August, from 2.2 percent in July, while food prices continue to fall, dropping...

Retail

Retail prices continue to deflate in July

Fierce competition amongst retailers continues to lead to price deflation across a wide range of UK products, as concerns regarding the potential effects of a Brexit and the current state of the country's economy adds to the sense of instability. However, in spite of the unstable ground the UK sits upon, price deflation decelerated last month...

Retail

Shop prices continue to fall in June

UK shop prices dropped by 2 percent in June, a bigger decline than the 1.8 percent drop in May, and the sharpest fall since February, according to the British Retail Consortium Nielsen Shop Price Index. The drop is lower than the 12-month average of 1.8 percent, and marks the 38th consecutive month of falling prices, with the index showing that...

Retail

UK shop prices continue to fall

UK shop prices dropped by 1.7 percent in April, marking the third-year anniversary of falling shop prices. Clothing and footwear continue to be hit hard with the sector seeing a 7.1 percent year-on-year decline, highlighting the heavy discounting in the run up to the summer season, the British Retail Consortium and Nielsen stated in the monthly...

Retail

Shop prices down 1.8 percent in January

British shop prices fell slightly by 1.8 percent year-on-year in January, following a 2 percent drop in December, meaning that prices have fallen for the 33rd month in a row. The figures released by the British Retail Consortium and Nielsen in the monthly shop price index show that non-food deflation remained at 3 percent, after a similar drop...

Retail

Shop prices down 2.1 percent in November

Intense competition between retailers across the high street has seen shop prices slump by a record level, according to figures released by the British Retail Consortium and Nielsen in the monthly shop price index. Retail prices fell 2.1 percent in the year to November, compared to a year ago, a joint-low with March this year, and follows a 1.8...

Retail

UK shop prices drop for 29th consecutive month

September marks the 29th consecutive month of falling shop prices in the UK, according to the latest figures from the BRC-Nielsen Shop Price Index. It reveals that UK shop prices fell by 1.9 percent in September year-on-year from a 1.4 percent decline in August. Food prices returned to deflationary territory, down 0.5 percent from a 0.2 percent...