Small Cap Value Report (Weds 2 Oct 2024) - SNWS, TPT, WYN

Good morning from Paul amp; Graham!
Interesting news from the BRC today, saying that shop prices are falling, down 0.6% for year to Sept 2024, a slightly steeper fall than -0.3% in the year to Aug. This might possibly help the Bank of England cut interest rates from the current excessive (in my opinion) level -
"Helen Dickinson OBE, Chief Executive of the BRC, said: “September was a good month for bargain hunters as big discounts and fierce competition pushed shop prices further into deflation. Shop Price inflation is now at its lowest level in over three years, with monthly prices dropping in seven of the last nine months. This was driven by non-food, with Furniture and Clothing showing the biggest drops in inflation as retailers tried to entice shoppers back. Food inflation edged up slightly as poor harvests in key producing regions led to higher prices for cooking oils and sugary products."

Explanatory notes -
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