BRC warns of future price rises despite 0.6% fall in May
The decline represents a smaller fall than April’s 1.3% year-on-year drop, and sits below the 12 and six-month average price decreases of 1.7% and 1.8% respectively
Shop prices fell 0.6% year-on-year in May, the slowest rate of decline since February 2020 as the British Retail Consortium (BRC) warns of price rises on the horizon.