By  on July 8, 2014

LONDON (Reuters)—British retailers saw the biggest annual decline in prices since at least 2006 in June, with cheaper furniture, electricals and clothes as well as a supermarket price war all contributing, an industry group said on Wednesday.

The British Retail Consortium reported that prices in shops fell 1.8 percent last month compared with a year earlier. The decline was the biggest annual drop since the survey began in December 2006.

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