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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.
Business Matters
4m
UK House Prices Decline for Second Consecutive Month Amidst Rising Mortgage Rates
Nationwide reports a 0.4% drop in UK house prices in April, the sharpest decline since last summer, attributed to increased ...
1h
on MSN
UK's FTSE 100 edges higher ahead of Fed outcome
Britain's FTSE 100 rose on Wednesday after recording back-to-back monthly gains, with investors awaiting the Federal ...
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 ...
14d
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
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 ...
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 ...
14d
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 ...
6d
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, ...
12d
UK Retail Sales Stagnate Despite Easing Inflation
LONDON (Reuters) - British retail sales volumes stagnated in March, the Office for National Statistics said on Friday.
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, ...
14d
on MSN
UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in ...
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