Food inflation rate falls to 3.6%
The Office for National Statistics has published the latest consumer price inflation figures, as the rate of food inflation fell to 3.6% in January.
The Office for National Statistics has published the latest consumer price inflation figures, as the rate of food inflation fell to 3.6% in January.
The British Retail Consortium has observed an improvement in consumer confidence, but warns confidence “could falter” as inflation remains high.
The British Retail Consortium has released its BRC-Opinium data, finding that consumer confidence fell ahead of the Budget.
Over the five weeks from 31st August to 4th October, the British Retail Consortium reported a rise in food sales on the year.
According to the British Retail Consortium, food inflation remained unchanged on the year as prices were driven up by non-food inflation.