Shop prices in the United Kingdom (UK) fell by 0.4% in August, marking the fastest rate of decline since June 2018, the BRC-Nielsen Shop Price Index (SPI) released earlier today showed. August’s deflation is below the 12- and 6-month average price increases, both of 0.3%. The British Retail Consortium (BRC) has associated the 0.4% drop in prices with weak spending and competition in the face of Brexit uncertainty. Helen Dickinson, chief executive of the British Retail Consortium, said: Consumers were the real winners this month as prices fell at their fastest rate in over a year. Prices of non-food goods fell at a faster rate than both the previous month and the 12-month average, while food inflation eased slightly due to higher levels of discounting from supermarkets. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC sets Yuan reference rate at 7.0835 FX Street 4 years Shop prices in the United Kingdom (UK) fell by 0.4% in August, marking the fastest rate of decline since June 2018, the BRC-Nielsen Shop Price Index (SPI) released earlier today showed. August's deflation is below the 12- and 6-month average price increases, both of 0.3%. The British Retail Consortium (BRC) has associated the 0.4% drop in prices with weak spending and competition in the face of Brexit uncertainty. Helen Dickinson, chief executive of the British Retail Consortium, said: Consumers were the real winners this month as prices fell at their fastest rate in over a year. Prices of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
