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Press Release

BRC SHOP PRICE INDEX DECEMBER 2005 -CHRISTMAS SHOPPING CHEAPER THAN A YEAR AGO

11 January 2006

The BRC Shop Price Index (SPI) inflation rate for December showed overall prices were 0.64% lower than in December 2004. The inflation rate was marginally higher than in November but still lower than every other month since January 2005. The overall index stands at 100.66 compared to 101.13 in December 2004.

The price of non-food items showed a year-on-year decline for the seventh consecutive month. Non-food prices are now 1.41% lower than last year.

Food prices were up just 0.59% against December 2004, similar to the 0.53% in November which was the lowest year-on-year increase in the last twelve months.

Overall, shop prices in December fell back by 0.47% from November. Non-food prices dropped back 0.55% and food prices fell a further 0.29%.



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British Retail Consortium

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