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Inflation in UK shops slows amid price cuts on clothes and shoes
Prices in non-food stores are lower in April than a year earlier as stores offload summer stock
U.K. Shop-Price Inflation Eases Further, Showing Signs of Stabilization, Report Says
By Michael Susin Annual U.K. shop-price inflation further eased in April for the 12th consecutive month as fresh product prices continued to fall due
Easing pressure on shop prices boosts hopes for rate cuts
The rate of shop prices inflation has slowed to its lowest level in two and a half years, driven down by grocery bills and rekindling hopes for summer interest rate cuts. Prices growth in shops eased to only 0.
Inflation 'brought to heel' as shop prices rise by just 0.8% this month
The year-on-year increase, down from 1.3% in March, was the lowest since December 2021 and non-food prices actually fell, the BRC said.
13d
on MSN
UK interest rate cut hopes fade after inflation falls by less than expected – as it happened
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% ...
13d
Slowdown of UK inflation rate disappoints in March, economists say fight against inflation far from over
The United Kingdom's inflation rate slowed less than it was expected to in March, leading investors to bump back their ...
MoneyWeek
1d
UK food price inflation rate ‘lowest level in two years’, British Retail Consortium finds
Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone ...
13d
UK inflation falls to lowest level since late 2021 as food prices ease further
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices ...
13d
on MSN
UK inflation slows its fall, pushing back rate cut bets
Britain's inflation rate slowed by less than expected in March, according to official figures published on Wednesday, adding ...
13d
on MSN
UK inflation falls less than expected to 3.2% in March
UK inflation slowed to 3.2 per cent in March, down from 3.4 per cent as price rises continued to slow, easing pressure on ...
13d
BOE Governor Bailey Says UK Faces Less Inflation Risk Than US
Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation threat than the US, ...
12h
Inflation hasn't lost its grip on bond markets yet
Government borrowing costs across developed economies saw their biggest jumps in months in April, evidence that bond markets ...
13d
UK inflation falls to lowest CPI in nearly three years – but is it enough?
The latest CPI data from the UK's Office for National Statistics is in, and it brought good news, with inflation continuing ...
13d
Stronger-Than-Expected UK Inflation Tempers Rate Cut Bets
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...
5d
on MSN
UK food inflation to be 'low single digits' through 2024, says Sainsbury's boss
Sainsbury's, Britain's second largest supermarket group, expects food inflation to remain in "low single digits" in 2024, its ...
Opinion
19h
on MSN
Opinion
The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers
Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.
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