mardi 7 avril 2015

BRC-Nielsen Shop Price Index March 2015: New record low for shop prices

Overall shop prices reported deflation for the 23rd consecutive month, accelerating to 2.1% in March, from 1.7% in February.



Food reported annual deflation of 0.9% in March from a 0.4% fall in February.



On a 12-month average basis, the Shop Price Index reported deflation of 1.7%.



Non-food deflation accelerated to 2.8% in March from 2.5% in February.



BRC Director General, Helen Dickinson, said: "Prices in Britain's shops reached another new low, this month by -2.1 per cent. That's the deepest deflation rate since our records began in December 2006.



"Food prices saw a further drop, largely as a result of promotions for fresh food, whilst non-food prices fell at a faster rate than last month, hitting a twenty-fourth consecutive month of deflation.



"Clothing and electricals continue to outshine by offering consumers eye-catching bargains. In fact, there's evidence of plenty of promotions and price-cuts in non-food items which should help drive up sales at a time when retailers are turning their attention to the Summer ranges.



"Both retailers and consumers will cheer on a hat-trick of good economic news. The Consumer price index (CPI) has fallen to zero for the first time on record, boosting incomes in real terms and bringing the UK to the brink

BRC-Nielsen Shop Price Index March 2015: New record low for shop prices

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