Tag: inflation
Inflation rises for second month in a row
Inflation has steadily creeped back upwards for a second month in a row, according to the final data release from the Office for National Statistics in 2024.
Rising energy costs push up inflation
A rise in Ofgem's energy price cap has pushed inflation back up above the Bank of England's target of 2%, according to the latest ONS data.
Inflation falls to a new low
Consumer inflation has fallen to its lowest rate in over three year, despite some price rises in the dairy category, and has built shopper confidence.
Alcohol prices fall in latest ONS inflation data
While month-to-month inflation remained stagnant, alcohol and food costs saw a dip according to the latest data from the Office for National Statistics.
Shop prices ‘fall for first time in nearly three years’
Shop prices are in deflation for the first time in almost three years – bringing hopes of a rise in footfall for retailers, says the Scottish Retail Consortium.
Inflation rises for the first time in a year
Industry members remain positive about the future despite the first increase to overall inflation in over a year as rates rise between June and July.
Inflation trickles down on consumer goods
Overall inflation remains consistent while some consumer goods continue to trickle down as the ONS reveals its latest data on inflation rates.
Inflation hits key Bank of England target
Prices across confectionery and chocolate have taken a dip according to the latest inflationary data from the Office for National Statistics.
Promising outlook for the summer as inflation falls
Pressure on retail continues to drop as the ONS reports the lowest yearly rate in CPIH in nearly three years, providing an ample growth opportunity.
Nearly one in four households struggling
Despite grocery price inflation hitting its lowest rate in over two years, nearly one in four households claim they still are struggling, according to Kantar.
Food inflation continues to trickle down
Food inflation continues to trickle down as industry bodies warn government not to be complacent on this with future costs on the horizon for many.
Inflation sustains for January
Consumer inflation has sustained for January 2024 according to the Office for National Statistics, despite drops in food and alcohol prices.
The convenience channel year in review
Rising costs, government interference and a crime wave – it’s fair to say that retailers have had more than their fair share of difficulties to contend with during the course of 2023.
Hope for the Golden Quarter at Christmas, say analysts
The worst of inflation appears to be easing, according to official figures. And despite high prices, analysts are predicting a strong Christmas performance.
Waiting game on grocery prices
Food inflation is steadily ticking down but the grocery price storm isn't over yet warns industry leaders and grocery specialists.
Consumer confidence falls ahead of Golden Quarter
While inflation has been falling there are plenty of signs that consumer confidence has also dropped, with some disappointing sales figures.
