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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
UK inflation slowed again in March – but a rate cut could be some months away
The latest Consumer Price Index (CPI) data came in at 3.2% for March, taking us closer to the Bank of England’s 2% inflation target.
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.
9h
Top UK supermarkets record 97% profits as food inflation and cost of living batters Brits
MPs pointed out that supermarkets enjoyed a 97 percent profits bonanza in a year when food price inflation peaked at 19.1 ...
5h
on MSN
UK and US manufacturing sectors shrink as new orders fall and prices rise – business live
The UK’s manufacturing sector suffered a fresh downturn last month as disruption to shipments in the Red Sea hit firms ...
14d
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 to lowest level since late 2021 as food prices ease further
Inflation is still running higher than the Bank of England’s target of 2% but the direction of the move appears clear.
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, ...
14d
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, ...
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