⚡Crypto Alert : Altcoins are up 28% in just last month! Unlock gains and start trading now - Click Here

Retail Sales

British Retailers Offered More Discounts to Increase Sales in April

Posted Wednesday, May 1, 2019 by
Arslan Butt • 1 min read

According to a survey by British Retail Consortium (BRC) and Nielsen, shop price inflation in Britain has cooled off in April, for the first time in six months, over increased discounts being offered by retailers to consumers. Shop prices were 0.4% higher in April than they were a year ago, up from 0.9% in March.

Disappointing sales figures in March have driven retailers to put up more products on discounts. Annual consumer price inflation touched 1.9% in March, a little higher than the three-year low of 1.8% in January.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments