
January sales boost “barely touches the sides” of Budget costs
BRC has responded to the latest retail figures from ONS, finding consumer confidence down despite a rise in sales.
BRC has responded to the latest retail figures from ONS, finding consumer confidence down despite a rise in sales.
According to the BRC, food inflation has risen to 2.3% in September due to “poor harvests in key producing regions”.
BRC has found that shop price inflation has fallen into deflation for the first time in nearly three years.
BRC has reported that the return to growth seen by retail sales was driven by an increase in food purchases.
The British Retail Consortium said it expects improved shopper confidence following the General Election.