Financial News: UK Shop Price Inflation Slows Slightly: BRC

UK Shop Price Inflation Slows Slightly: BRC

09/29/2026 - 02:50:00 (RTTNews)

(RTTNews) - UK shop prices grew at a slightly slower pace in September due to promotions and strong discounting, the British Retail Consortium said Tuesday.

Shop price inflation edged down to 1.4 percent from 1.5 percent in August. Nonetheless, the rate remained above the three-month average of 1.3 percent.

Non-food inflation softened to 0.8 percent from 0.9 percent and food inflation weakened to 2.5 percent from 2.8 percent.

BRC Chief Executive Helen Dickinson said food inflation slowed in September as competition between retailers continued to deliver value for shoppers.

"Promotions helped bring down meat and dairy prices, though poor harvests across Europe pushed up fruit prices and high global commodity prices kept chocolate and confectionery prices elevated," she said.

In non-food, strong discounting reduced the cost of back-to-school essentials, including books, stationery, footwear and electrical, Dickinson added.

The fourth quarter is expected to bring tighter household budgeting so retailers will still need to absorb cost increases wherever possible, 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. Housing Market Index Drops To Fourteen-Year Low In October (36 min(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Monday showed a bigg ...Full Story»

China GDP Growth Beats Expectations (05 hr(s), 40 min(s) ago)
(RTTNews) - China's economic growth accelerated more than expected in the third quarter despit ...Full Story»

Malaysia Inflation Eases; Trade Surplus Grows Sharply (07 hr(s), 46 min(s) ago)
(RTTNews) - Malaysia's consumer price inflation decreased slightly in September, while the tra ...Full Story»

Japan Tertiary Activity Index Falls 0.1% (08 hr(s), 29 min(s) ago)
(RTTNews) - Japan's tertiary activity index decreased less-than-expected in August, according ...Full Story»

China Q3 GDP Growth Improves (09 hr(s), 27 min(s) ago)
(RTTNews) - China's economic growth accelerated in the third quarter, bolstering prospects tha ...Full Story»

New Zealand Performance Of Services Index Ebbs In September - BusinessNZ (02 min(s) ago)
(RTTNews) - The services sector in New Zealand continued to expand in September, albeit at a sligh ...Full Story»

China Data Due On Monday (58 min(s) ago)
(RTTNews) - China is scheduled to release a raft of data on Monday, highlighting a busy day for As ...Full Story»

New Zealand Has NZ$1.971 Billion Trade Shortfall (56 min(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$1.971 billion in September, the N ...Full Story»