We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

UK Retail Prices Drop Faster In October 2014

November 4, 2014: 12:00 AM EST
Retail prices in the UK declined 1.9 percent in October 2014, compared with the same month in 2013, according to the British Royal Consortium. Prices for food products inched up 0.1 percent, compared with a 0.3 percent in September 2014. Grocery stores implemented deep discounting, data showed. Consumers are enjoying low prices, thanks to a decline in global food prices over the past half year, according to Nielsen analyst Mike Watkins. Also, UK's leading supermarkets have been engaged in a growing price war, driven by discount retailers, such as Aldi and Lidl.
Andy Bruce, "UK shop price decline quickens in October: BRC", Reuters, November 04, 2014, © Thomson Reuters
Domains
RETAIL BUSINESS
Market News
Products & Pricing
Trends
Geographies
Worldwide
EMEA
Europe
United Kingdom
Categories
Market News
Trends
Developed by Yuri Ingultsov Software Lab.