British Retail Consortium Shop Price Index data for April +0.8% y/y, the slowest pace in more than two years
prior +1.3%
Prices for non-food goods -0.6% y/y, first negative reading since October 2021
prior +0.2%
BRC chief executive Helen Dickinson:
“One year on from the peak, shop price inflation levels are
showing signs of normalising, providing relief to households”
This article was written by Eamonn Sheridan at www.forexlive.com.