Retail prices fell slightly faster in June compared with May, but this trend is not expected to last as retailers battle rising costs.
The rate of shop price decline rose slightly to 0.7% year-on-year in June compared to the equivalent figure in May of 0.6%, the BRC-Nielsen Shop Price Index showed.
Shop price deflation in June remained at a slower rate of decline than the 12-and-6 month average price decreases of 1.6% and 1.6%.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.