UK shop price inflation rose to 2.1% year-on-year in October 2026 from 1.4% in September, marking the fastest increase since February 2024 and exceeding forecasts of 1.6%. Food price inflation accelerated to 2.9% from 2.5%, its highest since April, while ambient food inflation climbed to 3.2% from 2.2%, the highest since September 2025. Fresh food inflation held at 2.6%, while non-food inflation rose to 1.7% from 0.8%, its highest since December 2023, driven by furniture, flooring and home improvement goods. The British Retail Consortium warned that retailers face rising transport, energy, employment and packaging costs, urging Finance Minister John Healey to lower property and employment costs in the upcoming budget. Separately, UK consumer price inflation reached 3.5% in September, an 11-month high. BOE Governor Andrew Bailey said businesses had absorbed higher energy costs linked to the US-Iran war, while the Food and Drink Federation expects food inflation to peak next year. source: BRC - British Retail Consortium

Shop Price Inflation in the United Kingdom increased to 2.10 percent in October from 1.40 percent in September of 2026. Shop Price Inflation in the United Kingdom averaged 2.73 Percent from 2022 until 2026, reaching an all time high of 9.00 Percent in May of 2023 and a record low of -1.00 Percent in December of 2024. This page includes a chart with historical data for the United Kingdom Shop Price Inflation. United Kingdom Shop Price Inflation - values, historical data and charts - was last updated on November of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-28 11:01 PM
BRC Shop Price Inflation
Sep 1.4% 1.5% 1.5% 1.7%
2026-10-27 12:01 AM
BRC Shop Price Inflation
Oct 2.1% 1.4% 1.6% 1.6%
2026-12-01 12:01 AM
BRC Shop Price Inflation
Nov 2.1%


United Kingdom Shop Price Inflation
Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.40 9.00 -1.00 2022 - 2026 Percent Monthly

News Stream
UK Shop Price Inflation Accelerates in October
UK shop price inflation rose to 2.1% year-on-year in October 2026 from 1.4% in September, marking the fastest increase since February 2024 and exceeding forecasts of 1.6%. Food price inflation accelerated to 2.9% from 2.5%, its highest since April, while ambient food inflation climbed to 3.2% from 2.2%, the highest since September 2025. Fresh food inflation held at 2.6%, while non-food inflation rose to 1.7% from 0.8%, its highest since December 2023, driven by furniture, flooring and home improvement goods. The British Retail Consortium warned that retailers face rising transport, energy, employment and packaging costs, urging Finance Minister John Healey to lower property and employment costs in the upcoming budget. Separately, UK consumer price inflation reached 3.5% in September, an 11-month high. BOE Governor Andrew Bailey said businesses had absorbed higher energy costs linked to the US-Iran war, while the Food and Drink Federation expects food inflation to peak next year.
2026-10-27
UK Shop Price Inflation Slows in September
UK shop price inflation eased to 1.4% year-on-year in September 2026 from 1.5% in August, slightly below market expectations of 1.5%, although it remained above the three-month average of 1.3%. Food price inflation slowed to 2.5% from 2.8%, helped by promotions that lowered meat and dairy prices, while poor European harvests pushed up fruit prices and elevated commodity costs kept chocolate and confectionery prices high. Non-food inflation also eased to 0.8% from 0.9%, as strong discounting reduced the cost of back-to-school essentials. The British Retail Consortium said retailers are absorbing higher business rates, employment costs, energy bills and packaging taxes, but warned there is a limit to how much additional costs businesses can shoulder. Britain’s broader CPI inflation rose to 3.1% in August and is expected to surpass 4% in early 2027 as the Iran war drives higher energy prices.
2026-09-28
UK Shop Price Inflation Highest Since 2024
UK shop price inflation accelerated to 1.5% year-on-year in August 2026 from 0.9% in July, reaching its highest level since February 2024 as rising energy, input, and commodity costs increasingly fed through to retail prices. Food inflation climbed to a four-month high of 2.8% from 2.2%, with particular pressure on ambient foods that are typically imported and processed. Meanwhile, non-food inflation rose sharply to 0.9% from 0.2%, also the highest since February 2024, as strong demand linked to the artificial intelligence boom pushed up prices for memory chips and storage used in consumer electronics. BRC Chief Executive Helen Dickinson said higher costs are beginning to filter through into prices. Broader UK consumer inflation also accelerated to a four-month high of 2.9% in July, while the Bank of England expects CPI inflation to peak at 3.2% in October and November and food inflation to reach 3.5% in December.
2026-08-31