8 Articles
8 Articles
Inflation in UK shops now back at 'normal levels' - as prices for some items fall
Researchers said shops had been cutting non-food prices in an attempt to revive "subdued" demand for big-ticket items. It came following a sharp fall in retail sales in April amid heavy rainfall across much of the country.
UK shop price growth back to normal, retailers say
Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium which said the rate of inflation in the sector was back to normal after its surge.
UK shop price growth back to normal, retailers say
LONDON (Reuters) – Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium which said the rate of inflation in the sector was back to normal after its surge. In a latest sign of easing inflation pressure that will be welcomed by the Bank of England, annual shop price inflation slowed to 0.6% in May from 0.8% in April, the smallest increase since November 2021, the BRC said. Price…
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