UK BRC Shop Price Index for June 2025
- UK shop price inflation rose in June for the first time in nearly a year
- driven by a sharp 3.7% annual jump in food prices, the fastest pace since March 2024
- British Retail Consortium attributed the rise to higher wholesale costs and increased labour expenses, especially for fresh produce like meat.
- Analysts warn that if consumer spending weakens, rising prices could become a concern heading into the latter part of the year.
This article was written by Eamonn Sheridan at www.forexlive.com.