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BRC chief executive Helen Dickinson said: “The days of shop price deflation look numbered as food inflation rose to its highest in 11 months, and non-food deflation eased significantly.
BRC chief executive Helen Dickinson said: “The days of shop price deflation look numbered as food inflation rose to its highest in 11 months, and non-food deflation eased significantly. “Everyday ...
And prices are still rising. The higher the inflation rate, the faster your bills increase. The inflation rate of 2.6% in March 2025 means prices rose by 2.6% on average in comparison to March 2024.
The numbers: Headline inflation rose by 2.6% in the 12 months to March 2025, down from 2.8% in the 12 months to February. The figures came in below the 2.7% forecast by economists in a Reuters poll.
On the other hand, clothing and footwear prices rose by 1.1%, reflecting typical increases as spring fashions hit stores. Monthly inflation rose by 0.3%, slightly less than the previous month's ...
Falling fuel prices and unchanged food costs helped bring down the inflation rate but the price of clothes rose strongly after a surprise fall in February, the ONS said. The BoE's most recent ...
Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by 3.4% in the year to March, down slightly from 3.5% in February. The largest downward contributions to ...
UK inflation dropped to 2.6% in March ... "The only significant offset came from the price of clothes which rose strongly this month," said Grant Fitzner, chief economist at the Office for ...
The largest downward contributions to annual inflation came from recreation and culture, and motor fuels. On a monthly basis, the consumer price index rose 0.3 percent in March compared with an ...
Meanwhile, clothing and footwear prices rose again for the month as many retailers reduced discounting, with a 1.1% increase after a surprise drop in February. Ms Reeves said: “Inflation falling ...