BRC UK retail consortium reported price growth in UK stores in September for the second month in a row. Compared to September of last year, the price index in stores increased by 0.2% after rising 0.1% in the previous month. Prices for food products increased by 1.9%. At the same time, non-food products fell by 0.9% after a decline in prices by 1% a month earlier. BRC Executive Director Helen Dickinson expects further price growth amid high oil prices. She noted that the continuing uncertainty under the terms of Brexit also exerts inflationary pressure.
Gold prices gain amid strengthened Dollar, stalled U.S. stimulus talks12.10.2020
Oil falls on second session as U.S. Gulf reopens production12.10.2020
Japan’s wholesale prices decline in September, posing deflation risk09.10.2020
Oil prices slide after week-long gains amid Norwegian strike