Home

Tags

Inflation

Inflation news and archive

Swiss inflation rises to 0.2 percent in July

Swiss inflation rose again in July, reaching 0.2 percent year-on-year. This follows a dip into negative territory in May, which fuelled deflation fears, the Swiss Federal Statistical Office (SFSO) reported on Monday. In June, inflation had already climbed back to 0.1 percent year-on-year. It continued to strengthen in July, driven by a 0.7...

Featured

Retail|REPORT

How Tariffs, Interest Rates & Geopolitical Tensions Are Shaping US Retail Right Now

Consumers across the nation are cautiously optimistic about the current state of the United States. However, many of us may feel a tad more positive this month than earlier this year (hello summer!), but most remain rather concerned about potential economic slowdowns and increasing prices. Key insights into shifting retail spending habits from...

Member

Business

Eurozone inflation marginally rises to 2 percent

Eurozone inflation rose slightly in June. The annual inflation rate rose to 2.0 percent, the Eurostat statistics office announced in Luxembourg on Tuesday, according to an initial estimate. In May, the inflation rate had fallen to 1.9 percent. Economists had, on average, expected this slight increase. Inflation in the Eurozone is thus in line...

Member

Business

US inflation falls unexpectedly

Inflation in the US unexpectedly weakened further. Consumer prices in April rose 2.3 percent year-on-year, according to the Labour Department in Washington. In March, the inflation rate was 2.4 percent. This is the third consecutive decline in inflation, after it started the year at 3.0 percent in January. Economists had expected stagnation in...

Member

Business

UK inflation marginally eased in March yet clothing prices rise

Headline inflation in the UK marginally fell in March, however, prices rose in clothing and footwear, reversing trends seen earlier in the year. Prices for the category increased 1.1 percent in the 12 months to March 2025, the Office for National Statistics (ONS) reported, compared with a drop of 0.6 percent in the 12 months to February. ONS...

FeaturedMember

Business

Fashion industry faces turmoil as U.S. tariffs bite

The “Liberation Day” tariffs announced by the U.S. administration on Wednesday has sent shockwaves through global industries and financial markets. It precipitated steep stock market declines and raising fears of an escalating international trade war. The U.S. dollar has similarly taken a hit, falling 1.6 percent amid heightened uncertainty....

Member

Business

BRC: Festive period benefited from lower inflation but price pressures on the horizon

New figures from the British Retail Consortium (BRC) and NielsenIQ showed that over the course of December, shoppers benefited from lower inflation. Yet, price pressures are anticipated for the coming year. Over the period December 1 to 7, 2024, shop price deflation was at 1 percent, up from deflation of 0.6 percent in the month prior. This came...

Member

Business

UK sees highest inflation rates since March, clothing drives up figures

New figures from the Office for National Statistics (ONS) have revealed an increase in inflation once again. According to the data, the Consumer Prices Index (CPI) rose by 2.6 percent in the 12 months to November 2024, increasing from 2.3 percent in the 12 months to October. On a monthly basis, meanwhile, CPI rose 0.1 percent for the month,...

Member

Business

Bank of England maintains interest rate at 5 percent

The Bank of England has placed the UK’s interest rate on hold at 5 percent after it was reported that inflation rates stayed at 2.2 percent in August, above the bank’s 2 percent target. The widely-expected decision was made following a meeting by the Monetary Policy Committee (MPC), who voted by a majority of eight to one to maintain the current...

Member

Retail

UK shop prices enter deflation for first time since 2021

In a significant shift for the UK retail sector, shop prices have entered deflation for the first time in almost three years, according to the latest data from the British Retail Consortium (BRC). The Shop Price Index for August 2024 showed a 0.3 percent decline, reversing the 0.2 percent inflation recorded n July. This unexpected turn towards...

Member

Business

UK inflation edges up in July for first time this year

After a promising few months of falling inflation in the UK, it appears that such an outcome wasn’t able to extend into July 2024, with headline inflation once again rising to 2.2 percent. This is according to the latest CPI figures, collected by the Office of National Statistics (ONS), which showed that, despite food inflation remaining...

Member

Business

UK inflation drops to 2 percent, hitting Bank of England targets

New figures drawn up by the Office for National Statistics (ONS) have shown inflation in the UK fell to 2 percent during May, hitting the Bank of England’s target. According to ONS, the consumer prices index (CPI) rose 2 percent in the 12 months to May 2024, dropping from 2.3 percent in the 12 months to April. Including owner occupiers’ housing...