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.
Oil prices fall as investors switch focus from Suez Canal blockage to OPEC+ meeting26.03.2021
Oil prices recover ground on worries Suez blockage may take weeks to clear25.03.2021
Dollar extends four-month high as recovery outlooks diverge24.03.2021
British inflation falls as clothing prices hit biggest annual drop since 2009