By Ritika Bhoora26 August 2024
Source: Shutterstock
Shop prices fell into deflation for the first time in nearly three years driven by non-food retailers discounting heavily to shift their summer stock.
The latest BRC-NielsenIQ Shop Price Index shows annual shop price deflation was at 0.3% in August, down from inflation of 0.2% in July.
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Shop prices fell into deflation for the first time in nearly three years driven by non-food retailers discounting heavily to shift their summer stock.
https://www.retail-week.com/stores/shop-prices-have-fallen-into-deflation-for-the-first-time-in-three-years/7046907.article