British prices plunge
Brits Benefit From Deflation, finds International Price Comparison Study
DATE: 10th December 2008: Plunging prices on essential and luxury items means that Britain has fallen from being the second to the seventh most expensive country to live and shop in the world.
Now in its sixth year, the International Price Comparison study from PriceRunner.co.uk, the impartial price comparison service, tracks the prices of basic foods such as milk and coffee, popular consumer gadgets and travel and entertainment goods like petrol, bus tickets and DVDs. Carried out in 23 countries, it shows that Britain is now cheaper than France (3), Ireland (4) and Denmark (2). Norway is revealed as the world’s most expensive country for the second year running and as in 2007, China is the cheapest country overall.







