BRC-NIELSEN SHOP PRICE INDEX AUGUST 2009 – SHOP PRICE DEFLATION ARRIVES
September 9th, 2009
Year-on-Year: The BRC-Nielsen Shop Price Index reported annual shop price deflation of 0.1% in August, the first time the index has shown deflation since February 2007.
It has been driven by a sharp fall in food inflation during the last six months. In August, food inflation fell to 2.3%, marking the fifth consecutive month it has slowed down.
Month-on-Month: On a month-on-month basis prices were broadly flat in August after falling 0.1% in July
