Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Oct- 2024 -2 October
Shop prices move further into deflation
Shop Price deflation was at 0.6% in September, down from deflation of 0.3% in the previous month and below the…
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Sep- 2024 -19 September
BoE holds interest rates at 5%
The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the…
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18 September
UK Till sales slow to 4% this month, NIQ finds
Total Till sales growth at UK supermarkets slowed to 4% in the four weeks ending 7 September, down from 5.5%…
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18 September
Inflation holds steady at 2.2% in August
The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of…
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11 September
UK economy stagnates for second consecutive month
The UK economy experienced no growth for the second consecutive month in July, underperforming analysts’ expectations of 0.2% growth for…
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3 September
August sales jump 1% YOY despite weak back to school performance
UK Total retail sales increased by 1.0% year on year in August, against a growth of 4.1% in August 2023,…
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Aug- 2024 -16 August
Retail sales rebound in July as Euros give needed boost
Retail sales increased 0.5% in July after falling 0.9% in June, as retailers saw a welcome boost from Euro 2024…
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15 August
UK economy grows by 0.6% despite June flatline
The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to…
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14 August
Inflation rises to 2.2% due to energy prices
Inflation increased for the first time this year in July, as energy prices fell less than they did a year…
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6 August
Retail sales jump 0.5% in July as clothing performance improves
UK Total retail sales increased by 0.5% year on year in July, against a growth of 1.5% in July 2023,…
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