British Clothing And Footwear Deflation Slowed Down

According to the BRC store price index released in August 1st, UK July

Footwear deflation slowed down from 4.8% in June to 3.9%.

The British Retail Association (BRC) said that women's clothing was the only category that reported accelerated deflation rates.

Extensive discounts continue to be interdepartmental because retailers make room for new autumn and winter clothing, BRC said, and retailers hope to promote sales through the introduction of new season products.

Cotton prices are down 18% from the previous month, which may put downward pressure on clothing prices in the coming months.

Overall store price inflation slowed from 1.1% in June to 1%, while non food deflation remained unchanged at 0.3%.

BRC director general Stephen Robertson said: "in general, the price of non food commodities has been lower than last year for six consecutive months, because retailers are selling at a discount.

It's good news that customers have extra money to buy clothes, electrical appliances and furniture.

But many people have no money to make use of, or lack of consumer confidence, even if prices fall. "

BRC is the abbreviation of British Retail Consortium, and the Chinese is the British Retailers Association.

The association is made up of famous British Asda, Boots, Tesco, Sainsbury 's, Iceland, Littlewood' s, Safeway, Waitrose, Somerfield, Safeway, and so on.

In 1998, BRC British Retail Consortium launched and formulated the BRC food technology standard (BRC Food Technical Standard) to assess the manufacturers of retailers' own brand foods according to the needs of industry development.

The release of the standard soon attracted the attention of the food industry and other organizations. It has now become a good sample of the food industry.

The extensive application of the standard in Britain and other countries has made it an international standard.

Not only do food enterprises need BRC certification, but also consumer goods companies and food packaging enterprises need BRC certification.