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Actual | Forecast | Previous | Revised Form | |
| 1.7% | 2.3% | N/A | |||
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For February
From teh Rleease: "Overall shop price inflation 1.7% in February. Food inflation slowed to 1.3% in February from 2.9% in January. Non-food inflation was unchanged at 1.9% in February. This is great news for customers. Food inflation is now at its lowest for at least three years – 12 months ago it was seven times higher. This drop has largely been driven by falling fresh food prices, mainly vegetables and fish. Previous falls in the value of the pound and large commodity price increases, which were pushing up food prices, have now largely worked through. Barring any lasting shocks, the price of food should continue to be relatively stable for some time. The VAT increase is putting pressure on overall shop price inflation but, even so, electricals, home entertainment and clothing are actually cheaper than they were this time last year. Fierce retail competition is protecting customers and keeping inflation down." |
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| 6/2 | 7/7 | 8/4 | 9/8 | 10/6 | 11/3 | 12/8 | 1/5 | 2/2 | 3/2 | ||
| Actual | 1.3% | 0.7% | 0.5% | -0.1% | -0.1% | 0.0% | 0.2% | 2.2% | 2.3% | 1.7% | |
| Forecast | |||||||||||
| Previous | 1.4% | 1.3% | 0.7% | 0.5% | -0.1% | -0.1% | 0.0% | 0.2% | 2.2% | 2.3% | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| 2.3% | 2.2% | N/A | |||
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For Janaury
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Actual | Forecast | Previous | Revised Form | |
| 2.2% | 0.2% | N/A | |||
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For December
Shop Prices m/m: pr. 0.2% (Nov), 0.0% (Oct), 0.0% (Sept),
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Actual | Forecast | Previous | Revised Form | |
| 0.2% | 0.0% | N/A | |||
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For November
Shop Prices m/m: 0.0% (Oct), 0.0% (Sept), 0.0% (Aug), -0.1% (Jul),
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Actual | Forecast | Previous | Revised Form | |
| 0.0% | -0.1% | N/A | |||
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For October
Shop Prices m/m: 0.0%, pr. 0.0% (Sep), 0.0% (Aug), -0.1% (Jul),
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Actual | Forecast | Previous | Revised Form | |
| -0.1% | -0.1% | N/A | |||
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For September
Shop Prices m/m: 0.0%, pr. 0.0% (Aug), -0.1% (Jul), 0.2% (Jun),
From the Release: (BRC Director Stephen Robertson) "More good news for customers. Overall shop prices are down on a year
ago for the second month in a row. Prices for non-food goods have been
deflationary for ten consecutive months now with clothing, electricals
and furniture showing the biggest falls as retailers discount to
generate sales.
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Actual | Forecast | Previous | Revised Form | |
| -0.1% | 0.5% | N/A | |||
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For August
Shop Prices m/m: 0.0%, pr. -0.1% (Jul), 0.2% (Jun), 0.5% (May),
UK shop prices show deflation for the first time since Feb. 2007. Food inflation has been sliding, falling to 2.3%, making it the fifth straight month of slowing down. The BRC'sDirector General, Stephen Robertson notes: "The fall has been driven by a huge drop in food inflation – which is now less than a quarter of what it was last August. This reduction is largely due to commodity prices, such as oil and wheat, falling since last summer's peak to much lower levels. Non-food goods have now been cheaper than a year ago for nine consecutive months. Electricals, clothing and footwear prices have seen the biggest falls. Falling prices are good news for customers and could give a much-needed boost to retail sales." |
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Actual | Forecast | Previous | Revised Form | |
| 0.5% | 0.7% | N/A | |||
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For July
Shop Prices m/m: -0.1%, pr. 0.2% (Jun), 0.5% (May), -0.5% (Apr),
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Actual | Forecast | Previous | Revised Form | |
| 0.7% | 1.3% | N/A | |||
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For June
Shop Prices m/m: 0.2%, pr. 0.5% (May), -0.5% (Apr), 0.4% (Mar),
From the Release: "The BRC-Nielsen Shop Price Index reported annual inflation of 0.7% in June, from 1.3% in May, this marks the third consecutive month inflation has slowed. Overall shop price inflation was driven by food which reported annual inflation of 5.6%, from 6.4% in May. Non-food deflation increased further to 1.9% in June, from 1.3% reported in May." |
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Actual | Forecast | Previous | Revised Form | |
| 1.3% | 1.4% | N/A | |||
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For May
Shop Prices m/m: 0.5%, pr. -0.5% (Apr), 0.4% (Mar), 1.2% (Feb),
From the Release: "In May the BRC-Nielsen Shop Price Index (SPI) reported annual inflation falling to 1.3% from 1.4% in April. This is the second consecutive month that inflation has slowed down. On a month-on-month basis prices increased 0.5% in May after falling 0.5% in April. Mike Watkins, Senior Manager, Retailer Services, Nielsen comments: "Fresh food inflation has now fallen for a third consecutive month. It appears that the pound's recent depreciation has had most of the effect it's going to on food prices and we are seeing the benefits of lower commodity prices working through to shop prices. With summer approaching, supermarkets are using high levels of promotions on seasonal lines to draw in customers which are also helping keep food prices lower. Non-food prices fell again but more slowly, suggesting that exchange rate depreciation is continuing to influence the prices of many imported non-food products." |
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