According to an industry report, both store and food price inflation in the UK rose slightly in December, and shoppers tend to use promotions during the month to ease cost pressure. According to the monthly store price index released by NielsenIQ and the trade association British Retailers Association on Tuesday, the year-on-year inflation rate of store prices in the UK rose to 0.7% in December from 0.6% in November. The food inflation rate in December rose to 3.3% from 3.0% last month, while non-food prices fell 0.6% year over year, in line with the November decline. The report said that inflation may have peaked, but weak consumer sentiment is likely to continue. The report added that promotions and lower prices will continue to be favored by shoppers in 2026.

According to an industry report, both store and food price inflation in the UK rose slightly in December, and shoppers tend to use promotions during the month to ease cost pressure. According to the monthly store price index released by NielsenIQ and the trade association British Retailers Association on Tuesday, the year-on-year inflation rate of store prices in the UK rose to 0.7% in December from 0.6% in November. The food inflation rate in December rose to 3.3% from 3.0% last month, while non-food prices fell 0.6% year over year, in line with the November decline. The report said that inflation may have peaked, but weak consumer sentiment is likely to continue. The report added that promotions and lower prices will continue to be favored by shoppers in 2026.