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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.
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 ...
14d
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% ...
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 ...
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 ...
5h
on MSN
UK manufacturing contracts as new orders fall and costs rise; house prices drop in April – business live
The UK’s manufacturing sector suffered a fresh downturn last month as disruption to shipments in the Red Sea hit firms. US ...
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.
14d
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 ...
Bloomberg L.P.
12d
BOE’s Ramsden Signals He Has Less Concern About UK Inflation
Bank of England Deputy Governor Dave Ramsden signaled he is less concerned about
UK inflation
than in previous months, a ...
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.
Reuters on MSN
5h
UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh
Britain's FTSE 100 slipped on Wednesday, led by declines in energy stocks, while investors grew cautious ahead of the U.S.
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