Shoppers cash in as competition drives down prices



Consumers are now enjoying their fourth year of falling retail prices as “intense” competition for shoppers drives deflation, figures show today.
Shoppers found their purchases 1.8 per cent cheaper last month than at the same time a year earlier, and only marginally different from the 2 per cent decline recorded in August, according to the latest BRC-Nielsen shop price index.
We are now in the fourth year of falling shop prices Helen Dickinson Food prices fell by 1.3 per cent in September, the highest year-on-year fall ever recorded for food and only the second time that food prices have... read more

 
5 October 2016 in Business, Views: 36
Source: Scotsman
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