A quest for greater convenience kept Britons away from stores in December as more shoppers chose to order online and collect purchases at their leisure.
Following is a summary of the September U.K. Shop Price Index from the British Retail Consortium in London.
The British Chambers of Commerce and U.K. consultancy PricewaterhouseCoopers LLP cut their outlook for economic growth this year and said the Bank of England should postpone interest-rate increases.
The pound reached the strongest in a week against the dollar before an industry report tomorrow that economists said will show retail sales increased in January, adding to evidence the recovery is gaining momentum.
The pound traded within half a penny of its weakest level against the euro in a month as a report showed U.K. shop-price inflation decelerated in May to its slowest pace this year.
U.K. shop prices increased in June at the slowest annual pace in three months as the effects of fluctuations in commodity and currency costs abated, the British Retail Consortium said.