British Retail Consortium (BRC) data, this measures price changes in BRC-member retail outlets in the U.K. •Down 1.8% y/y •Down 0.2% m/m (down 0.3% prior month) Deflation in shops keeps going, at even faster pace than the previous month (y/y measure) This index is at its lowest since November of 2009 •Food prices down 0.3% y/y •Non-food prices down 2.7% y/y (full story)