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food inflation

  • Shop price inflation eases in relief for cash-strapped Brits

    Retail

    Shop price inflation slowed in February, as retailers introduced a raft of promotions to ease the cash burden on struggling shoppers.  The price of goods in UK shops grew at a rate of 1.1 per cent in February year on year, down from the 1.5 per cent rate of inflation seen in January, according to [...]

    Food inflation remained elevated in September
  • Inflation eases to three per cent boosting interest rate cut hopes

    Economics

    Inflation fell to its lowest level in nearly a year last month, new figures show, giving a further boost to hopes that the Bank of England will cut interest rates in March.  The headline rate dipped to 3.0 per cent in January, according to the Office for National Statistics (ONS), down from 3.4 per cent [...]

    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.
  • FTSE 100 Live: Inflation falls to near year-low; BAE leads stock rally

    Markets

    Good morning and welcome back to the City AM liveblog. Inflation has fallen to a near year-low this morning hitting its slowest pace since March and fuelling hopes that the Bank of England will take the chop to interest rates next month. New data from the Official for National Statistics showed rose the Consumer Price [...]

    Keanu Reeves looking contemplative, highlighting his expressive face, suitable for a news article on his recent film project.
  • Inflation tipped to fall to year-low in boost to interest rate cuts

    February 16, 2026

    Inflation is tipped to fall back to its lowest level for nearly a year in a busy week for UK economic data, with hopes the drop will help accelerate the Bank of England’s rate-cutting cycle. Economists are expecting the Office for National Statistics to show a sharp reprieve in the Consumer Price Index – the [...]

  • FTSE 100 Live: Miners lead stock fall as gold rout deepens

    February 2, 2026

    Good morning and welcome back to the City AM liveblog. There’s one big event the City is looking towards this week but all signs point to zero surprises. On Thursday, the Bank of England’s monetary policy committee will meet for the first time this year and decide whether to take the chop to interest rates. [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the City AM liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

  • UK inflation faces December bump from travel and food costs

    January 18, 2026

    UK inflation may have edged higher at the end of last year, with Christmas travel and higher duties pushing up prices, economists have warned. Several forecasters expect the Consumer Prices Index (CPI) to have ticked up in December after falling sharply in November. Economists at Pantheon Macroeconomics say they expect inflation to rise to 3.3 [...]

  • Soaring food costs send shop price inflation higher

    January 6, 2026

    Soaring food costs pushed shop price inflation higher in December, fresh data has revealed, as Brits faced the crunch during the Christmas season. Food inflation reached 3.3 per cent in the final month of 2025, up from three per cent in November, with fresh produce rising to 3.8 per cent from 3.6 per cent previously. [...]

  • Majority of Brits think economy is getting worse

    December 30, 2025

    A majority of Brits think the economy is getting worse, with sentiment souring significantly amid rising prices and weak growth. Nearly six in ten Brits believe the UK economy is on a downward spiral, a major jump from 43 per cent at the beginning of the year, marking a significant blow to Chancellor Rachel Reeves [...]

  • Asda: Will 2026 be the year supermarket giant bounces back?

    December 26, 2025

    This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]

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