Uncertain outlook despite shop price inflation stabilising
Shop price inflation remained unchanged in July, benefiting from high comparatives last year, but the outlook remains uncertain for the remainder of the year, according to the British Retail Consortium (BRC).
The latest BRC-NielsenIQ Shop Price Index shows annual shop price inflation remained unchanged at 0.2% in July.
This is below the three-month average rate of 0.3% and remained at its lowest rate since October 2021.
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