UK Shop Prices Cool in October, But Retailers Warn of Looming Business Rate Hikes Threatening Jobs
LONDON – Shoppers in the United Kingdom have seen a welcome, albeit partial, reprieve from rising prices as shop price inflation eased significantly in the first week of October. The latest BRC-NIQ Shop Price Monitor revealed that overall shop price inflation slowed to 1.0% year-on-year, a notable decrease from 1.4% recorded in September. This deceleration…
