Coronavirus: Shop prices fall at fastest rate in 14 years as retailers try to survive Helen Dickinson from the British Retail Consortium said the drop was largely driven by the fall in non-food prices.

Helen Dickinson from the British Retail Consortium said the drop was largely driven by the fall in non-food prices.

Retail prices last month suffered their biggest monthly drop since 2006, according to the latest data.

Clothing and furniture retailers were among those discounting heavily in an effort to attract shoppers and survive the coronavirus crisis.

The pandemic forced non-essential shops to close in March in an effort to limit the spread of the virus, although many have been able to operate online.

For most, the restrictions are set to be eased on 15 June.

The...
source: The Sky News

2020-06-03 05:44
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