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UK data - BRC Shop Price Index for December: -1.4% y/y (prior -1.7%)

The British Retail Consortium Shop Price Index measures price changes in the retail outlets

For December: Down 1.4% y/y

  • Compares with November's down 1.7%
  • December prices fell by the smallest margin since August 2015
  • Fall in food prices cited
  • Clothing & footwear prices rose m/m for the first time in almost 2 years

In notes to the release the British Retail Consortium reiterated its forecast that shop prices would soon rise for the first time since 2013:

  • "We are now seeing the first impact of the currency depreciation of the last six months"

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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