Free Trial

Schatz put condor


Roll block trade


A busy morning session


Austria Green May-49: Spread set

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (London)

UK shop prices declined again in June at a slightly faster pace than in the previous month, Helen Dickinson, OBE, Chief Executive from the BRC said Wednesday. The BRC-Nielsen shop price index fell 0.7% y/y in June, with food deflation slowing to -0.2% and non-food price falling by 1.0%. The report noted that clothing prices in particular remained low as "businesses tried to prolong the recent pickup in consumer spend".

"Meanwhile, retailers' costs are continuing to mount due to global food price increases, Brexit red-tape, Covid related supply chain disruption, raw commodity shortages and increased shipping and petrol costs," Dickinson noted. The increased cost burden is likely to be passed on to consumers in the months ahead, "especially with additional Brexit checks this autumn," she added.

Source: BRC-Nielsen Shop Price Index

MNI London Bureau | +44 203-865-3814 |
MNI London Bureau | +44 203-865-3814 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.