The Aporia
Clarke, J. (2026, September 28). Shop price inflation slows as retailers ramp up promotions to drive demand. Evening Standard. https://www.standard.co.uk/news/uk/british-retail-consortium-inflation-budget-europe-b1298764.html
Clarke, Josie. “Shop price inflation slows as retailers ramp up promotions to drive demand.” Evening Standard, 28 Sept. 2026, https://www.standard.co.uk/news/uk/british-retail-consortium-inflation-budget-europe-b1298764.html.
Clarke, Josie. “Shop price inflation slows as retailers ramp up promotions to drive demand.” Evening Standard, September 28, 2026. https://www.standard.co.uk/news/uk/british-retail-consortium-inflation-budget-europe-b1298764.html.
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In September, shop price inflation slowed down as competition among retailers led to increased discounting on back-to-school essentials like books, stationery, footwear, and electricals. Non-food product inflation dropped from 0.9% to 0.8%, while food inflation decreased from 2.8% in August to 2.5% in September. Despite this slowdown, non-food price increases remain above the three-month average of 0.6%.
BRC chief executive Helen Dickinson noted that retailers have been absorbing extra costs but can only do so much. She called on Chancellor Jeremy Hunt to freeze rate rises and remove shops from the business rates surtax to prevent additional consumer costs. Meanwhile, NIQ’s Mike Watkins highlighted ongoing promotions by many retailers aimed at boosting demand amidst tough economic conditions.