BRC Shop Price Index (YoY)

The British Retail Consortium (BRC) Shop Price Index measures price changes in the popular retail outlets in the UK. The changes in the SPI are widely followed as an indicator for inflationary pressures. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

Next event - Monday 25 May 2026 23:01

Previous
1%
Forecast
1.1%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for BRC Shop Price Index (YoY) is 1.1%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Most recent - Monday 27 April 2026 23:01

Previous
1.2%
Forecast
1.5%
Actual
1%

Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Trading range

Forecast history

The most recent announced value for BRC Shop Price Index (YoY) was 1% against a forecast of 1.5%.

Past events

Date
Forecast
Actual
Monday 27 April 2026 23:01
1.5%
1%
Monday 30 March 2026 23:01
-
1.2%
Tuesday 3 March 2026 00:01
1.2%
1.1%
Tuesday 27 January 2026 00:01
0.7%
1.5%
Tuesday 6 January 2026 00:01
-
0.7%
Tuesday 2 December 2025 00:01
-
0.6%
Tuesday 28 October 2025 00:01
-
1%
Monday 29 September 2025 23:01
-
1.4%
Monday 25 August 2025 23:01
-
0.9%
Monday 28 July 2025 23:01
0.2%
0.7%
Monday 30 June 2025 23:01
-
0.4%
Monday 26 May 2025 23:01
-
-0.1%
Monday 28 April 2025 23:01
-
-0.1%
Monday 31 March 2025 23:01
-
-0.4%
Tuesday 4 March 2025 00:01
-
-0.7%
Tuesday 28 January 2025 00:01
-
-0.7%
Thursday 9 January 2025 00:01
-0.4%
-1%
Tuesday 26 November 2024 00:01
-
-0.6%
Tuesday 29 October 2024 00:01
-0.5%
-0.8%
Monday 30 September 2024 23:01
-
-0.6%
Monday 26 August 2024 23:01
-
-0.3%
Monday 29 July 2024 23:01
-
0.2%
Monday 1 July 2024 23:01
-
0.2%
Monday 27 May 2024 23:01
-
0.6%
Monday 29 April 2024 23:01
-
0.8%
Monday 1 April 2024 23:01
-
1.3%
Tuesday 27 February 2024 00:01
-
2.5%
Tuesday 30 January 2024 00:01
-
2.9%
Tuesday 2 January 2024 00:01
-
4.3%
Tuesday 28 November 2023 00:01
-
4.3%
Tuesday 31 October 2023 00:01
-
5.2%
Monday 2 October 2023 23:01
-
6.2%
Monday 28 August 2023 23:01
-
6.9%
Monday 31 July 2023 23:01
-
7.6%
Monday 26 June 2023 23:01
-
8.4%
Monday 29 May 2023 23:01
-
9%

Economic context

Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next BRC Shop Price Index (YoY) result:

PreviousLatest
Retail Sales (MoM)Bearish change0.6%-1.3%
Retail Sales (YoY)Bearish change1.4%0%
Retail Sales ex-Fuel (MoM)Bearish change0.1%-0.4%
Retail Sales ex-Fuel (YoY)Bearish change1.5%1.1%
GfK Consumer ConfidenceBullish change-25-23
S&P Global Composite PMIBearish change52.648.5
S&P Global Manufacturing PMI(no change)53.753.7
S&P Global Services PMIBearish change52.747.9
Consumer Price Index (MoM)(no change)0.7%0.7%
Consumer Price Index (YoY)Bearish change3.3%2.8%
Core Consumer Price Index (YoY)Bearish change3.1%2.5%
PPI Core Output (MoM) n.s.aBullish change0.2%0.7%
PPI Core Output (YoY) n.s.a Bullish change2%2.4%
Producer Price Index - Output (MoM) n.s.a(no change)1.4%1.4%
Producer Price Index - Output (YoY) n.s.aBullish change3%4%
Retail Price Index (MoM)Bearish change0.8%0.7%
Retail Price Index (YoY)Bearish change4.1%3%
Average Earnings Excluding Bonus (3Mo/Yr)Bearish change3.6%3.4%
Average Earnings Including Bonus (3Mo/Yr)Bullish change3.9%4.1%
Claimant Count ChangeBearish change4.9K26.5K
Claimant Count Rate(no change)4.4%4.4%
Employment Change (3M)Bullish change25K148K
ILO Unemployment Rate (3M)Bearish change4.9%5%
Gross Domestic Product (MoM)Bearish change0.4%0.3%
Gross Domestic Product (QoQ)Bullish change0.2%0.6%
Gross Domestic Product (YoY)Bullish change1%1.1%
Industrial Production (MoM)Bearish change0.3%-0.2%
Manufacturing Production (MoM)Bullish change-0.2%1.2%
BRC Like-For-Like Retail Sales (YoY)Bearish change3.1%-3.4%

About BRC Shop Price Index (YoY)

Country:United Kingdom
Currency:GBP
Source:British Retail Consortium
Category:Inflation
Frequency:Monthly

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