All Inflation articles – Page 2
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News
Shop price inflation has eased thanks to investment in retail ‘paying off’, says BRC
Shop price inflation has fallen to its lowest level since October 2021 as retailers’ investments in operations and supply chains is “paying off”, according to the British Retail Consortium.
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News
Inflation falls to lowest point in nearly three years
The rate of inflation has declined to its lowest level in almost three years, official data shows.
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Data
What the latest market share data tells us about the UK grocery sector
Retail Week sits down with Kantar’s head of retail and consumer insight Fraser McKevitt to look at the implications for the grocery sector from the latest market share data
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News
Shop price inflation eases again as it returns to ‘normal levels’
Shop price inflation has eased to its lowest level since November 2021, returning to “normal levels”, the British Retail Consortium has said.
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Analysis
‘Reasons for retailer optimism, despite damp and gloomy April’
Despite a damp and gloomy April impacting customer spend, there are plenty of reasons for UK retailers to be quietly cheerful about the months ahead. Here are some of the ways retailers can capitalise on continuing consumer caution.
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News
Inflation rate reaches lowest level in over two years
The rate of inflation has fallen to its lowest level in two-and-a-half years, according to the latest figures by the Office for National Statistics.
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Analysis
Inflation, cost cutting and Clubcard clout – takeaways from Tesco’s Ken Murphy
As Tesco profits more than doubled to their highest level in more than a decade, boss Ken Murphy gave his thoughts on some of the key issues affecting the industry
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News
Inflation rate falls to lowest level in more than two years
The rate of inflation has declined to its lowest point in more than two years, the latest official data has revealed.
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News
Sector left ‘bitterly disappointed’ as calls for reform once again fall on deaf ears
Currys boss Alex Baldock has slammed today’s Budget as “bitterly disappointing”, as the retail sector’s ongoing calls for reform on issues like business rates fell on deaf ears.
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News
Grocery inflation falls to lowest levels in nearly two years
Grocery price inflation fell to 5.3% in February, the lowest rate seen since March 2022, although value remains a priority for shoppers.
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News
Food prices fall for first time in two years as inflation stalls
The annual rate of inflation was unchanged in January, despite the first monthly fall in food prices, according to the Office for National Statistics.
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Analysis
Buzz kill: how are sex toy and lingerie shops faring this Valentine’s Day?
How’s the most romantic day of the year shaping up for the specialists? Retail Week analyses exclusive data and reveals the web traffic of some of the market’s biggest players.
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Analysis
How retailers can entice cash-strapped shoppers to spend in 2024
Shoppers may not be hitting the high street or splashing out on big-ticket items, but household spending has jumped sharply over the past year owing largely to price rises
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News
UK inflation rate increases to 4%
The annual rate of inflation has increased to 4% in a surprise rise, according to the Office for National Statistics (ONS).
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News
Steep fall in inflation helped by food price changes
Inflation fell to 4.6% in October, official data has shown.
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News
Exclusive: BRC warns ‘no town or city centre safe’ from business rates rise
The British Retail Consortium has warned that “no town or city centre in England is safe” as retail giants brace for an increase in business rates as part of the autumn statement next week.
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Analysis
Retail Horizon 2024: How consumers are feeling – and how retail should get ready – for the year
Retail Week has launched its strategic toolkit, Retail Horizon 2024, mapping out the opportunities, challenges and winning strategies for businesses in the year ahead.
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News
Grocery prices fall for seventh consecutive month
Grocery prices fell for the seventh straight month in September, bringing some much-needed relief to consumers in the run-up to Christmas, but food inflation is still in double figures.
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Analysis
Tesco’s Ken Murphy on net zero, retail crime and profiteering accusations
On the day that Tesco posted surging profits and sales, its chief executive Ken Murphy gave his takes on a host of issues facing grocery and the retail sector.
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News
Food prices drop due to ‘fierce competition between retailers’
Both food inflation and shop price inflation have seen a continued drop and are at their lowest levels since August 2022 and September 2022 respectively.