Halifax

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.

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