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UK inflation rate ‘back to normal’ in shops BRC says amid retail discounts drive
News The UK inflation rate for stores is now at its lowest level since November 2021, the British Retail Consortium has said. But food prices have been continuing to climb.
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Rate of UK inflation tumbles to 2.3% – what does it mean for you?
The rate of UK inflation has fallen to the lowest level in almost three years – but it is still higher than some had hoped. What does it mean for interest rates, savers and the economy?
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Could inflation dip below the Bank of England’s 2% target this week?
The consultancy Capital Economics is forecasting that inflation will drop to 1.9% when April’s figures are released on Wednesday, the lowest level in three years. We look at what it could mean for interest rates.
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UK food price inflation rate ‘lowest level in two years’, British Retail Consortium finds
News Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone into deflation.
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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. This was slightly higher than some economists expected, but takes us closer to the Bank of England’s 2% inflation target.
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Shop price inflation falls to lowest level ‘since cost of living crisis began’
The British Retail Consortium (BRC) measure of shop price inflation shows consumer prices fell last month compared to February.
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UK inflation slowed to 3.4% in February
The latest Consumer Price Index (CPI) data takes us closer to the Bank of England’s 2% target. Is an interest rate cut on the horizon?
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Retailer price inflation falls to near-2 year low, new figures show
A fall in supermarket inflation led the way, with fresh food price hikes dropping significantly since January.
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Inflation unchanged ‒ what it means for you
Inflation did not increase as expected in January; what does this mean for your money?
