Cyprus Mail29 Jul 2026

UK retail inflation falls in July due to summer discounts

UK retail inflation falls in July due to summer discounts

Average prices at British retailers rose by an annual 0.9 per cent this month, the ​smallest increase since December 2025, as the ‌men’s soccer world cup triggered supermarket discounts on alcohol and snacks, the British Retail Consortium said on ​Tuesday.

“Retailers competed hard to limit prices rises, ​with a wave of summer promotions across ⁠food and other goods,” BRC Chief Executive Helen ​Dickinson said, adding that some clothing and footwear ​retailers were also discounting summer items....

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