UK Retail Sector Sees Significant Drop in Shop Price Inflation Business 8 November 2024 Amid economic shifts, shop price inflation in the UK has reached its lowest point in three years. Recent statistics show…
Inflation reaches Bank of England’s target Retail 19 June 2024 The UK inflation rate has reached the Bank of England’s target for the first time since July 2021.The annual Consumer…
Trust in supermarkets reaches decade low amidst inflation Retail 29 August 2023 Trust in UK supermarkets has plummeted to its lowest since the horsemeat scandal due to rising prices.Consumer confidence in grocery…
Food store sales decline due to ongoing cost-of-living pressures Retail 18 August 2023 July witnessed a significant drop in food store sales volumes, falling by 2.6%.This decline follows an earlier increase of 1.1%…
Surge in Essential Food Prices in the UK Retail 14 August 2023 Research reveals a significant increase in essential food prices in the UK over the past two years.Food price inflation, though…
Rising Awareness of Shrinkflation Amid Growing Food Costs Retail 9 August 2023 Nearly three-quarters of consumers are becoming increasingly cognisant of ‘shrinkflation’, whereby brands reduce product sizes while raising prices.A Barclays survey…
Food prices likely to remain high post-Ukraine invasion Retail 8 August 2023 Food prices are on the rise following geopolitical events, raising consumer concerns.The chief economist of the Bank of England, Huw…
