UK Shop Prices Rise by 0.9 Per Cent in July, Smallest Increase Since December 2025
UK shop prices rose by an annual 0.9 per cent in July, the smallest increase since December 2025, according to the British Retail Consortium (BRC). This is a result of retailers competing hard to limit price rises and offering summer promotions across food and other goods.
The BRC's survey, based on prices collected between July 1 and July 9, showed that food price inflation slowed to 2.2 per cent from 2.4 per cent in June, its lowest since February 2025. Non-food inflation also slowed to 0.2 per cent from 0.6 per cent.
The Office for National Statistics' broader consumer price inflation measure fell to a 15-month low of 2.6 per cent in June. This is despite the Bank of England forecasting CPI would rise to just over 3.25 per cent later this year due to higher energy costs caused by the US-Iran war.