CPI
This coverage explores the impact of the Consumer Prices Index (CPI) on UK retail operations, strategy, and planning. Reporting highlights inflation trends, price pressures, consumer behaviour shifts, and their implications for pricing, margins, and demand. Designed for retail executives, finance teams, and managers, the content supports informed decisions around cost management, stock planning, and competitive positioning in an inflation-sensitive market.
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Jul- 2024 -24 JulySupermarkets
Hot weather and Euros help boost grocery sales
Total Till sales at UK supermarkets improved +3.6% in the last four weeks ending 13 July 2024, up from 1.1% in the previous month, as the arrival of hot summer weather and the Euros helped boost performance, according to new data released today by NIQ. Promotions also helped to drive…
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12 JulySupermarkets
GCA warns Amazon it must comply with Groceries Supply Code of Practice
The Groceries Code Adjudicator (GCA) has told Amazon that it must take “swift and comprehensive” action to demonstrably comply with the Groceries Supply Code of Practice in its new 2024 annual survey. According to the GCA’s 2024 annual survey, while the number of suppliers experiencing a code issue fell from…
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May- 2024 -22 MayGovernment
General election called for 4 July
Prime minister Rishi Sunak has confirmed that a general election will take place on Thursday 4 July. The prime minister informed the cabinet of his plans in a meeting held this afternoon (22 May). As a result the parliament will be dissolved next week. Sunak had previously confirmed that an…
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22 MayClothing & Shoes
Inflation falls to 2.3% in April
Inflation has fallen to its lowest level in almost three years to 2.3% in April, down from 3.2% in March, according to the latest figures from the Office for National Statistics (ONS). On a monthly basis, CPI rose by 0.3% in April 2024, compared with a rise of 1.2% in…
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Apr- 2024 -3 AprilSupermarkets
Supermarket sales jump 5.4% in March
Total till sales at UK supermarkets grew 5.4% in the four weeks ended 23 March 2024, according to data from NIQ. Whilst this is a slight increase compared with the 5.3% growth reported last month, the drop in food inflation (3.7%) compared with 15% last year has encouraged shoppers to…
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Mar- 2024 -20 MarchNews
Today’s news in brief-20/3/24
UK inflation dropped to 3.4% in February 2024, surpassing economists’ expectations of 3.5%. This decline was mainly attributed to easing food inflation. The prices of bread and cereals rose slightly by 0.3% compared to a significant increase of 2.3% in the previous year, contributing to the overall decrease in food…
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20 MarchEconomy
Inflation falls to 3.4%
UK inflation fell to 3.4% in February, down from 4% in January, beating economists expectations of 3.5% as food inflation continued to ease. The largest downward contributions to the monthly change in both CPIH and CPI annual rates came from food, and restaurants and cafes, while the largest upward contributions…
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Oct- 2023 -18 OctoberEconomy
Inflation remains at 6.7% despite fall in food prices
Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an increase in the price of fuel. According to the latest figures from the Office for National Statistics (ONS), food and non-alcoholic beverage prices fell by 0.1% between August and September 2023, compared with…
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Aug- 2023 -24 AugustNews
Asda announces £23m investment to lower its prices
Asda has recently announced price cuts on 425 branded and own-label products as part of its continued support for families impacted by the cost of living crisis. The supermarket is investing £23m to lower prices by an average of 11% on some of the most popular products bought by customers…
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Jul- 2023 -19 JulyEconomy
Inflation falls faster than expected in June
The rate of price rises has fallen to 7.9% in June, down from 8.7% in May, according to the latest Consumer Prices Index (CPI) from the Office for National Statistics (ONS). On a monthly basis, the CPI rose by 0.1% in June 2023, compared with a rise of 0.8% in…
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