Retail prices news and archive

Retail prices fall at the fastest pace since 2007

Prices at British shops have fallen at their fastest pace for over seven years, as reported by 'The Guardian'. Discounts on clothes and electrical goods and a slowdown in food inflation were the main factors behind this trend, according to figures from the British Retail Consortium and Nielsen that point to shop price deflation hit 1.4 percent...

Design

Clothing prices higher in November

With a hike in cotton and silk prices, import duties and VAT it is no wonder clothing and footwear prices rose 2% in November. This is the highest rise since records began, contributing to a record rise in overall inflation during the month. Clothing prices rose at 11.3% on an annual basis, the highest level since 1980. Clothing price rises were...

Fashion

Rising costs hit UK retailers

Clothing and footwear prices have risen for the first time since 1992 as pressures in raw material and labour costs continue to mount on UK retailers, according to the global business information company Textiles Intelligence. Textiles Intelligence revealed that UK clothing and footwear prices soared by 0.9% in September compared with the same...