{"id":716077,"date":"2026-07-28T21:17:22","date_gmt":"2026-07-28T21:17:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/716077\/"},"modified":"2026-07-28T21:17:22","modified_gmt":"2026-07-28T21:17:22","slug":"shop-price-inflation-slows-amid-warnings-of-pressures-on-the-horizon","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/716077\/","title":{"rendered":"Shop price inflation slows amid warnings of pressures on the horizon"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shop price inflation slowed in July in positive news for households, but growing pressures remain on the horizon, the industry has warned.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shop prices are now 0.9% higher than a year ago, down from June&#8217;s 1.2%, according to British Retail Consortium (BRC)-NIQ figures.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Inflation on products other than food also fell to 0.2% from June&#8217;s 0.6%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">While food price inflation also fell to 2.2% from 2.4% a month earlier, fresh food inflation rose to 3.1% from June&#8217;s 2.8%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, shoppers benefited from deals on snacks and alcoholic drinks during the football World Cup, while clothing and footwear retailers offered significant discounts as they started clearing summer stock.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Some categories, including electricals and health and beauty, experienced higher inflation as rising chip prices and manufacturing costs fed through.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">BRC chief executive Helen Dickinson said: &#8220;Good news for households in July as shop price inflation slowed.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Retailers competed hard to limit prices rises, with a wave of summer promotions across food and other goods.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;While today&#8217;s figures are encouraging, growing cost pressures remain on the horizon.  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/7009570132995466ED5CFC822ECFAEF26F17C64C3AD9EFE2AC33464C8DB59D73\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fsnappa.ukfinance%2F752ffb58d7e899bdf8279683b5c47193\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Fans watching England v Argentina\" height=\"426\" width=\"640\" class=\"yf-j98iil loader\"\/><\/a> Fans of the football World Cup benefited from deals on snacks and alcohol (PA)           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Higher employment costs and packaging taxes, global instability and climate-related disruption all make it more expensive to get products onto shelves.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Mike Watkins, head of retailer and business insight at NIQ, said: &#8220;Shop price inflation remains lower than a year ago, which will help shoppers as they manage other increases in household spend, such as energy and fuel.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;So, we can expect promotions to continue to be an important part of driving demand for the rest of the summer.&#8221;  <\/p>\n","protected":false},"excerpt":{"rendered":"Shop price inflation slowed in July in positive news for households, but growing pressures remain on the horizon,&hellip;\n","protected":false},"author":2,"featured_media":716078,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1136,84,1294,42445,40828,237059,90905,56,54,55],"class_list":["post-716077","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-british-retail-consortium","tag-business","tag-economy","tag-food-inflation","tag-food-price-inflation","tag-football-world-cup","tag-price-inflation","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/716077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=716077"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/716077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/716078"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=716077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=716077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=716077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}