UK Shop Price Inflation Slows in September to 1.4%
British shop price inflation slowed slightly to 1.4 percent in September despite rising cost pressures on retailers. The British Retail Consortium warned that upcoming tax changes and energy bills threaten future price stability.
British shop price inflation slowed to 1.4% in September from 1.5% in August, according to a survey released Tuesday by the British Retail Consortium. The deceleration comes as retailers absorbed rising cost pressures driven by the ongoing conflict in Iran. The data signals persistent retail resilience in the United Kingdom, though higher business rates threaten future pricing stability.
