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Shop prices fall again in November

UK shop prices fell for a sixth consecutive month in November. According to figures from the British Retail Consortium and Nielsen in their monthly shop price… View Article

GENERAL MERCHANDISE NEWS

Shop prices fall again in November

UK shop prices fell for a sixth consecutive month in November.

According to figures from the British Retail Consortium and Nielsen in their monthly shop price index, prices edged down 0.5% overall as non-food prices dropped by 1.6%

BRC chief executive Helen Dickinson said: “The economic and political uncertainty has weakened demand for non-essential items. As a result, retailers have pushed for even deeper price cuts to encourage consumers to open their wallets.”

Meanwhile, food inflation eased to 1.4% from 1.6% in October.

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