Financial News: UK Shop Price Inflation Rises: BRC

UK Shop Price Inflation Rises: BRC

10/27/2026 - 04:09:00 (RTTNews)

(RTTNews) - UK shop price inflation accelerated to its highest level in two and a half years in October, the British Retail Consortium said Tuesday.

The shop price index climbed 2.1 percent year-on-year in October, faster than the 1.4 percent increase seen in September.

Non-food inflation advanced to 1.7 percent from 0.8 percent, while food inflation increased to 2.9 percent from 2.5 percent last month.

"The dam is starting to break on the huge wave of costs retailers have absorbed over the last two years," BRC Chief Executive Helen Dickinson said.

Despite retailers delivering plenty of promotions on sweet treats ahead of Halloween, food inflation increased again and non-food inflation climbed to an almost three-year peak, Dickinson noted.

Dickinson said retailers cannot endlessly absorb higher business rates, employment costs, energy bills, and packaging taxes. Ahead of tomorrow's Budget, she urged chancellor to slash employment costs and cancel the 3.5 percent business rates increase.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Shop Price Inflation Rises: BRC (51 min(s), 06 sec(s) ago)
(RTTNews) - UK shop price inflation accelerated to its highest level in two and a half years in Oc ...Full Story»

China Industrial Profits Increase Notably (01 hr(s), 16 min(s), 06 sec(s) ago)
(RTTNews) - China's industrial profits increased notably in September, underpinned by robust g ...Full Story»

South Korea GDP Grows 1.0% In Q3 (40 min(s), 54 sec(s) ago)
(RTTNews) - South Korea's gross domestic product expanded a seasonally adjusted 1.0 percent on ...Full Story»

South Korea GDP Data Due On Tuesday (03 min(s), 54 sec(s) ago)
(RTTNews) - South Korea will on Tuesday release preliminary Q3 figures for gross domestic product, ...Full Story»

Two-Year Note Auction Attracts Slightly Below Average Demand (12 min(s), 54 sec(s) ago)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story»

Spain Producer Price Inflation Strongest Since 2022 (46 min(s), 54 sec(s) ago)
(RTTNews) - Spain's producer prices increased the most since late 2022 in September on energy ...Full Story»

UK Retailers Log Slowest Fall In Sales In 18 Months: CBI (01 min(s), 54 sec(s) ago)
(RTTNews) - UK retail sales declined at the slowest pace since April 2025, according to the Confed ...Full Story»

German Business Confidence Rises For Sixth Month: Ifo (38 min(s), 54 sec(s) ago)
(RTTNews) - German business sentiment improved for the sixth straight month in October, underpinne ...Full Story»