Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Clothing prices fall 6.4% in January

Clothing and footwear prices were down 6.4% in January, compared to the same month in 2015.

Winter sale

Prices in this category fell at a steeper rate than any others in the BRC-Nielsen Shop Price Index’s non-food segment, which includes furniture, electricals, DIY and gardening, books, home entertainment and beauty.

Overall, non-food prices fell 3% in January, marking the 34th month of decline.

Shop prices including food fell by 1.8% year on year – the 33rd consecutive monthly drop.  

British Retail Consortium chief executive Helen Dickinson, said: “Higher levels of consumer confidence are currently translating into other parts of consumer spending – in leisure, entertainment and eating out - rather than into shopping which is providing the backdrop to a tough trading environment for retailers but great news for shoppers.”  

Mike Watkins, head of retailer and business insight at Nielsen, said: “Sales momentum in January has been slow for some retailers with shoppers seeking out the best prices online and in store, and this competition is helping keep non-food shop prices lower than a year ago.

“Many seasonal lines have also come off promotion which will have moved food prices upwards a little, but there is still no general upward pressure on prices, despite recent currency appreciations.

“Looking ahead, we expect overall shop price deflation to remain broadly unchanged for next few months.”

 

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.