The BRC-Nielsen Shop Price Index is a monthly measure of inflation across the UK. The data assesses the change in price of 500 commonly bought products to provide analysis around retail-specific and economy-wide inflation. The index separates grocery prices from other categories to paint a true picture and how food price inflation compares to that of non-food items. There are fears that British consumers could face rising prices in the coming years as a result of rising global food prices, shipping costs and Brexit red tape.
Shop prices rose further in May as inflationary pressures took their toll on retailers’ margins.
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
Shop prices have risen for the fifth consecutive month as retailers grapple with cost inflation.
Retail prices increased to the highest rate recorded since November 2011 last month, accelerated by a rise in fresh food inflation in February.
Shop price inflation soared in December, driven by an increase in non-food inflation, as the cost of living rises across the UK.
Prices at the shelf edge are set to rise at a “faster rate” this year as retailers struggle to absorb a perfect storm of cost pressures.
Shop prices rose for the first time in two and a half years as the combination of supply chain disruption, labour shortages and rising commodity prices impacted consumers.
While shop prices fell in October, supply chain issues are putting cost pressures on key items in the lead up to Christmas.
While shop prices fell in September, the rate of decline slowed following an increase in pressures from transport and commodity costs and labour shortages.
While shop prices fell in the month of August, deflation eased for the period as experts warned of looming inflation due to wider macroeconomic issues, such as the ongoing supply chain issues.
Shop prices fell at a faster rate in July than in June as supermarkets kept prices low to entice customers away from competitors.
Retail prices fell slightly faster in June compared with May, but this trend is not expected to last as retailers battle rising costs.
Retail price rises are looming as industry costs rise and demand increases following pandemic and supply chain disruption.
Shop prices continued to fall in April, as retailers tempted consumers back into non-essential stores.
Shop prices continued to fall in March, as non-food retailers struggled to entice shoppers to buy during lockdown.
Shop prices continued to fall in February, reaching the lowest rate of deflation since May 2020.
Shop prices fell at their fastest rate since 2006 as the coronavirus crisis and non-essential store closures drove struggling retailers to launch big promotions in categories such as clothing and furniture.
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.
February shop prices fell despite food costs holding steady as non-food prices declined at their sharpest rate since May 2018, according to the BRC-Nielsen Shop Price Index.