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UK inflation data - July BRC Shop Price Index +7.6% y/y (prior +8.4%)

Eamonn Sheridan
31/07/2023 | 23:12 GMT

British Retail Consortium monthly shop price index, a monthly measure of UK shop price inflation.

  • for the m/m, -0.1%, the first m/m decline in 2 years

This data point tends not to be much of a forex mover upon release.

Later this week is the BoE:

  • HSBC: Here is why risk-reward around this week's BOE may not be encouraging for GBP bulls
Bailey

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