UK inflation indicator hits another record high

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UK inflation indicator hits another record high

UK BRC Shop Price Index for September is +5.7% y/y, its highest since this indicator began in 2005from prior of +5.1%for price in September +10.6%----

UK BRC Shop Price Index for September is +5.7% y/y, its highest since this indicator began in 2005

  • from prior of +5.1%
  • for price in September +10.6%

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Official CPI data hit a 40 year high (July month).

Import prices will rise again soon with GBP collapsing. Weekly chart posted earlier, GPB falling further:

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