The British Retail Consortium data for annual shop price inflation dropped to 4.3% in the 12 months to November
- from +5.2% in October
- weakest since June 2022
- thee sixth month in a row that the pace of price growth weakened
BRC Chief Executive Helen Dickinson:
- is a risk that the fall in inflation could stall or go into reverse because of rising business rates - a property-based tax - plus new regulations and a jump in the minimum wage
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Info via Reuters
