Financial News: UK Shop Price Inflation Accelerates: BRC

UK Shop Price Inflation Accelerates: BRC

01/06/2026 - 00:38:00 (RTTNews)

(RTTNews) - UK shop price inflation accelerated in December due to higher increase in food prices, the British Retail Consortium said on Monday.

The shop price index posted an annual growth of 0.7 percent in December, following an increase of 0.6 percent in November. This was in line with the three-month average of 0.7 percent. Non-food prices dropped 0.6 percent from the previous year, the same rate of decline as seen in November.

In contrast, food inflation advanced to 3.3 percent from 3.0 percent in November. Fresh food inflation rose to 3.8 percent from 3.6 percent a month ago.

Retailers will continue to do all they can to keep prices down this year, BRC Chief Executive Helen Dickinson said.

"While falling energy prices and improved crop supply should help ease some cost pressures, increased public policy costs and regulation will likely keep inflation sticky," said Dickinson.

"Looking ahead to 2026, although inflation has peaked, weak shopper sentiment is likely to persist, so shoppers will continue to seek out lower prices and promotional offers," NIQ Head of Retailer and Business Insight Mike Watkins said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Increase More Than Expected (01 hr(s), 49 min(s), 05 sec(s) ago)
(RTTNews) - After reporting a substantial increase in U.S. crude oil inventories in the previous w ...Full Story»

U.S. Services Index Jumps To Highest Level In Over Three Years (01 hr(s), 56 min(s), 05 sec(s) ago)
(RTTNews) - Service sector activity in the U.S. unexpectedly grew at a faster pace in the month of ...Full Story»

U.S. Private Sector Job Growth Exceeds Estimates In February (02 hr(s), 41 min(s), 05 sec(s) ago)
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employme ...Full Story»

Luxembourg Inflation Remains Stable At 1.3% (03 hr(s), 0 min(s),05 sec(s) ago)
(RTTNews) - Consumer price inflation in Luxembourg held steady in February after easing to a 13-mo ...Full Story»

Hong Kong Retail Sales Growth Eases To 5.5% (03 hr(s), 44 min(s), 05 sec(s) ago)
(RTTNews) - Hong Kong's retail sales growth moderated in January to the lowest level in five m ...Full Story»

U.S. Private Sector Employment Climbs More Than Expected In February (04 hr(s), 05 min(s), 05 sec(s) ago)
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employme ...Full Story»

Irish Jobless Rate Remains Stable At 4.6% (04 hr(s), 10 min(s), 05 sec(s) ago)
(RTTNews) - Ireland's unemployment rate held steady for the third straight month in February, ...Full Story»

Italy Q4 GDP Growth Confirmed At 0.3%; Jobless Rate Hits Record Low (04 hr(s), 55 min(s), 05 sec(s) ago)
(RTTNews) - Italy's economy expanded for the second straight quarter as initially estimated ...Full Story»