Shop price index news and archive

Mild inflation is back, but fashion retail continues to struggle

Mild inflation has returned to the UK, with shop prices rising in November for only the third time in the last five years. But this isn't good news for everyone, with increases in food prices accelerating deflation in non-food retail categories, including fashion, according to BRC and Nielsen’s latest ‘Shop Price Index’. While low fashion price...

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...

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 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 retail sales increased in September

UK retail sales rose by 2.6 percent on a like-for-like basis in September compared to the same month last year. On a total basis, sales were up 3.9 percent, making September the fastest growing month since January 2014, according to figures released by the British Retail Corporation and KPMG in the monthly price index. However, the BRC has...

Design

Apparel and footwear deflation reaches new level

Apparel and footwear deflation has reached a hit a new level in the UK, according to the latest data from the British Retail Consortium/Nielsen monthly shop price Index, with year-on-year numbers reaching 12.8 percent in March, compared to 12 percent in February. The highest levels of deflation were seen in womenswear and childrenswear, with...