-
Shop prices falling at fastest rate since 2006, says British Retail Consortium
Discounts on clothes and electrical goods and a slowdown in food inflation left prices in Britain's shops falling at their fastest pace for at least seven years last month. Shop price deflation hit 1.4% in February after a rate of 1% in January, according to the British Retail Consortium/Nielsen shop price index. That was the deepest rate of deflation since the BRC began producing these numbers in December 2006. For food prices, inflation was also at a seven-year low as supermarkets continued to lure in customers with rival deals. Food prices were up an annual 1.1% in February, slower than inflation of 1.5% in ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 4, 2014 7:23pm Mar 4, 2014 7:23pm
- BogiFX
- | Membership Revoked | Joined Mar 2014 | 56 Comments
- Comment #2
- Quote
- Mar 4, 2014 7:37pm Mar 4, 2014 7:37pm
- premierax5
- | Joined Jun 2013 | Status: Member | 22 Comments
- Comment #3
- Quote
- Mar 4, 2014 7:47pm Mar 4, 2014 7:47pm
- BogiFX
- | Membership Revoked | Joined Mar 2014 | 56 Comments