BRC

UK Shop Prices Fall Less Quickly As Retailers Eye Cost Pressures – BRC

Prices in British shops fell less sharply in January than in December and food costs rose at the fastest monthly pace since April last year.

Two-thirds of British retailers will raise prices this year in response to higher costs, a survey by the BRC showed on Wednesday.

Shoppers in the UK last month saw the sharpest fall in prices in more than three years but 2025 spells a return to higher costs, the BRC said.

Black Friday spending helped lift retail sales in late 2024, the British Retail Consortium said on Tuesday.

The number of people visiting British shops last year fell by 2.2% in the biggest drop since 2021, industry data showed on Friday.

Prices in British shops fell less sharply this month, according to a survey by the British Retail Consortium, released on Tuesday.

Prices in UK shops fell at their fastest pace in more than three years this month, the British Retail Consortium (BRC) said on Tuesday.

Prices in British shops fell at the fastest pace in more than three years in September, the British Retail Consortium (BRC) said on Tuesday.

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