UK data – BRC Shop Price Index -0.6% y/y (prior -0.8%)

British Retail Consortium (BRC) monthly shop price index, a monthly measure of UK shop price inflation.

• for November 2024.

Comes in at -0.6% y/y

• prior -0.8%

GBP has been caught up in the USD strength with Trump issuing a threat to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office.

This article was written by Eamonn Sheridan at www.forexlive.com.