News & Trends
British grocery prices rose 1.3% with supermarket promotions hitting record lows
British grocery prices rose 1.3% on a like-for-like basis in the four weeks to Sept. 5 year-on-year, with supermarket promotions hitting record lows, market researcher Kantar said on Tuesday. It said that for much of 2021 shoppers were shielded from price increases, with more products being sold on promotion compared to 2020. However, in the […]
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News & Trends
The UK inflation rate fell to 2% in the year to July
The Consumer Prices Index (CPI) measure of inflation dipped from 2.5% in the year to June, the highest level for nearly three years, the Office for National Statistics (ONS) said. The rate fell to the Bank of England’s 2% inflation target, after being higher for two months in a row. The dip in inflation was […]
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