BRC – NIELSEN SHOP PRICE INDEX: Overall shop prices reported deflation of 2.0% in August, from the 1.6% decline in July

LONDON, 2016-Sep-06 — /EPR Retail News/ — Helen Dickinson OBE, Chief Executive, British Retail Consortium. “Shop prices continued their record run in deflationary territory. Lower prices this August compared to last were driven by a combination of continuing promotional activity, softening oil prices and a global supply glut of wheat weighing on food prices. “The devaluation of […]