UK BRC store value index +0.6% y/y vs 1.0% prior

• Annual shop price inflation up 0.6% y/y
• Food -3.0% with fresh food prices falling the most since 2020
• Non-food items -0.6%

This report tracks price changes for around 500 of the most commonly bought products. It shows there is plenty of room or the Bank of England to cut rates.

This article was written by Adam Button at investinglive.com.