UK data: BRC Shop Price Index for February: -1.0% y/y (expected -1.4%)

British Retail Consortium data

Shop Price Index for February:  -1.0% y/y ... deflation in this indicator continues

• expected -1.4%, prior -1.7%

More (Via Reuters):

• smallest annual decline in over three years


• Food prices rose for the first time since April last year, up 0.4 percent on the year compared with a fall of 0.8 percent in January


• "It is clear that the significant underlying cost pressures, which have been building over the last year are beginning to filter through into shop prices," Helen Dickinson, chief executive of the BRC, said.
  

--

Stay tuned, Aussie Q4 GDP coming at the bottom of the hour

• expected +0.8% q/q, prior -0.5%


• expected +2.0% y/y, prior +1.8%


• More:Australia - Where them GDP forecasts at? andAustralia recession? AAA rating risk? ... What, me worry?

 

UK data: BRC Shop Price Index for February: -1.0% y/y (expected -1.4%)
UK data: BRC Shop Price Index for February: -1.0% y/y (expected -1.4%)
http://www.forexlive.com/feed/news
$inline_image !!! CLICK HERE TO READ MORE !!! UK data: BRC Shop Price Index for February: -1.0% y/y (expected -1.4%) Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/uk-data-brc-shop-price-index-for-february-1-0-yy-expected-1-4/