FOREX TradingCharts.com

Financial News: UK Shop Price Inflation Accelerates In May

UK Shop Price Inflation Accelerates In May

05/28/2019 - 23:41:00 (RTTNews)

(RTTNews) - UK shop price inflation increased notably in May on non-food prices, the British Retail Consortium reported Wednesday. Shop prices inflation doubled to 0.8 percent in May from 0.4 percent in April.

Food prices climbed 1.8 percent annually and non-food prices gained 0.2 percent. Food inflation continued to slow but it remained above the 12-month average. At the same time, non-food categories such as furniture and health and beauty follow years of deep discounting.

Shop price growth in May was the second highest inflation rate seen in the last six years, though it remains well below headline inflation, Helen Dickinson, chief executive at BRC said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Russia Slashes Key Interest Rate, Signals More Easing (52 min(s), 15 sec(s) ago)
(RTTNews) - Russia's central bank cut the key interest rate for the first time in over a year ...Full Story»

U.S. Business Inventories Climb In Line With Estimates In April (53 min(s), 15 sec(s) ago)
(RTTNews) - After reporting virtually no change in U.S. business inventories in the previous month ...Full Story»

U.S. Consumer Sentiment Deteriorates Amid Concerns About Higher Tariffs (46 min(s), 15 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has deteriorated in the month of June, according to a r ...Full Story»

U.S. Industrial Production Rises More Than Expected In May (31 min(s), 15 sec(s) ago)
(RTTNews) - Reflecting a substantial rebound in utilities output, the Federal Reserve released a r ...Full Story»

U.S. Retail Sales Rise 0.5% In May, April Data Revised Significantly Higher (49 min(s), 15 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed U.S. retail sales rose b ...Full Story»

U.S. Retail Sales Climb 0.5% In May (12 min(s), 15 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed U.S. retail sales rose b ...Full Story»

China Industrial Production Growth Weakens (38 min(s), 15 sec(s) ago)
(RTTNews) - China's industrial output grew at a weaker pace in May as higher tariffs imposed b ...Full Story»

Italy's Inflation At 13-Month Low (13 min(s), 15 sec(s) ago)
(RTTNews) - Italy's consumer price inflation slowed more than initially estimated to a 13-mont ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Climb In Line With Estimates In April

06/14/2019 - 10:19 AM (RTTNews)
(RTTNews) - After reporting virtually no change in U.S. business inventories in the previous month ...Full Story>>

Russia Slashes Key Interest Rate, Signals More Easing

06/14/2019 - 10:18 AM (RTTNews)
(RTTNews) - Russia's central bank cut the key interest rate for the first time in over a year ...Full Story>>

U.S. Consumer Sentiment Deteriorates Amid Concerns About Higher Tariffs

06/14/2019 - 10:12 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has deteriorated in the month of June, according to a r ...Full Story>>

U.S. Industrial Production Rises More Than Expected In May

06/14/2019 - 09:57 AM (RTTNews)
(RTTNews) - Reflecting a substantial rebound in utilities output, the Federal Reserve released a r ...Full Story>>

U.S. Retail Sales Rise 0.5% In May, April Data Revised Significantly Higher

06/14/2019 - 09:15 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed U.S. retail sales rose b ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.