The British Retail Consortium’s (BRC) Shop Price Index for the United Kingdom eased to 0.9% year-over-year, down from 1.2% previously, according to the latest data updated on 27 July 2026. The reading indicates a further moderation in annual shop price inflation, suggesting that pricing pressures in the retail sector continue to soften.
Both the current and previous figures compare price changes in their respective months to the same month a year earlier. The deceleration from 1.2% to 0.9% underscores a continued cooling trend in shop prices, which may offer some relief to UK consumers faced with higher living costs in recent years.
For retailers, the slower pace of price growth can reflect easing input cost pressures or more cautious pricing strategies amid a sensitive demand environment. For policymakers and markets, the latest BRC reading adds another data point suggesting that inflation in parts of the UK economy is gradually normalizing on a year-over-year basis.
