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UK Shop Price Inflation Falls to 1% on Heavy Discounting

Bigger discounts in clothing, furniture and Easter food helped pull shop prices down as retailers tried to boost cautious spring spending.

  • Overall shop price inflation dropped to 1% in April from 1.2% in March, according to data from the British Retail Consortium and NIQ. This rate sits below the three-month average of 1.1%.
  • Widespread discounting on DIY goods pulled down inflation, while Food inflation dipped to 3.1% from 3.4% in March. Retailers competed harder on price amid weakening consumer confidence.
  • To stimulate spring spending, retailers discounted Easter items like chocolate, though fresh Food prices remain 3.9% higher than last April. These efforts target weakening consumer confidence.
  • Chancellor Rachel Reeves recently stated the Iran crisis is "not our war, but it is pushing up bills for families and businesses." She emphasized keeping costs down remains her primary economic priority.
  • Experts warn consumers are yet to see the "full force" of the Middle East conflict, as Mike Watkins, head of retailer insight at NIQ, projects increased fuel prices will impact supply chains. Resolution Foundation research shows households face £480 in increased energy costs this year.
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15 Articles

The IndependentThe Independent
Reposted by
Western Morning NewsWestern Morning News
Lean Left

UK shops heavily reduced prices to lure in shoppers amid Iran war

Shop prices overall are now 1 per cent higher than last April

·London, United Kingdom
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BloombergBloomberg
Reposted by
Financial PostFinancial Post
Lean Left

UK Retailers Offer Bigger Discounts as Shopper Confidence Wanes

·United States
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Bloomberg broke the news in United States on Monday, April 27, 2026.
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