The British Retail Consortium knowledge launch for April 2022 exhibits costs in retailer chains rose by an annual 2.7% y/y, the best price since September 2011.
From BRC chief government Helen Dickinson:
- The influence of rising vitality costs and the battle in Ukraine continued to feed via into April’s retail costs,”
“Non-food merchandise, significantly furnishings, electricals and books, have seen the best price of inflation since information started,”
The BRC knowledge launch tends to not transfer GBP a lot in any respect upon launch (the information was revealed at 2301 GMT):