UK BRC shop price reported another record increase

UK BRC shop price index accelerated from 5.1% yoy to 5.7% yoy in August, another record increase since the index began in 2005. Food inflation surged from 9.3% yoy to 10.6% yoy. Non-food inflation also rose from 2.9% yoy to 3.3% yoy. Helen Dickinson, Chief Executive, British Retail Consortium: “Retailers are battling huge cost pressures […]

The post UK BRC shop price reported another record increase appeared first on Action Forex.