Halifax 2009 London Experiences The Biggest Fall In Retail Prices Over The Past Year
30 May 2009
London experienced the largest decline in retail prices1 over the past year with a 2.8% fall between 2008 quarter one and 2009 quarter one, according to new research by Halifax. This was more than twice the 1.3%* fall for the UK as a whole. However, despite this, the overall price level in the capital remains higher than any other UK region. All 12 UK regions recorded a decline in retail prices over the past 12 months.