Bond.az White LogoBond.az Black Logo

UK grocery inflation slows to 3.1% in four weeks

UK grocery inflation slowed to 3.1% in May, the lowest since December 2024.

Sophia Anderson
BySophia Anderson- Senior Editor
|
0

Bond.az reports that British grocery inflation eased to 3.1% in the four weeks to May 17, marking its slowest rate since December 2024, according to data from Worldpanel by Numerator.

The decline from 3.8% last month comes as the full impact of the Iran conflict has yet to reach supermarket prices. Grocery sales rose 1.5% year-on-year, suggesting shoppers bought fewer items.

Prices rose fastest in chocolate confectionery and fresh unprocessed fish. The steepest declines were in butter and spreads, sugar confectionery, and household paper products.

More News
2026-06-01 09:04
|
946

UK manufacturers raise prices at fastest pace in nearly 4 years

UK manufacturers raised prices at fastest pace since June 2022 as Iran war disrupts supply chains, PMI shows. BoE watches closely.

0
2026-06-01 08:34
|
231

France manufacturing contracts in May

France manufacturing contracted in May. PMI dropped to 49.7. S&P Global cites energy prices and transport issues.

0
2026-06-01 05:31
|
648

India manufacturing activity rose in May despite cost pressures

India manufacturing PMI rose to 55.0 in May, fastest in three months, despite high cost pressures and lower business confidence.

0
2026-06-01 02:32
|
286

China Manufacturing Activity Beats Expectations in May

China's manufacturing PMI beats expectations at 51.8 in May, marking sixth month of growth. Read more on Bond.az.

0
2026-06-01 01:30
|
581

S.Korea export growth hits 40-year high

South Korea's exports hit a 40-year high in May, led by record chip sales on AI boom. Trade surplus reached all-time high.

0
2026-06-01 01:00
|
861

Japan factory growth slows as costs surge

Japan's factory growth slowed in May as cost pressures surged. PMI fell to 54.5. Read more on Bond.az.

0
2026-05-30 10:32
|
723

Bank of Korea gearing up for rate hikes?

Bank of Korea hawkish hold: rate hikes expected in July 2026, ING forecasts 75 bps tightening, GDP and inflation revisions.

0
2026-05-29 09:04
|
848

Indonesia inflation seen at 2.97% in May

Indonesia's May inflation forecast at 2.97% fueled by non-subsidised fuel, airfares, and cooking oil prices.

0
2026-05-29 09:03
|
817

Polish inflation falls to 3.1% in May

Polish inflation fell to 3.1% in May, below expectations. The central bank may delay rate hikes amid softer price pressures.

0
2026-05-29 09:02
|
217

Taiwan Raises 2026 GDP Outlook to 16-Year High on AI Demand

Taiwan's government raised its 2026 GDP growth forecast to 9.64%, a 16-year high, fueled by AI demand. TSMC leads the semiconductor boom.

0
2026-05-29 07:31
|
478

France economy shrinks 0.1% in Q1, misses forecasts

France's economy shrank 0.1% in Q1, missing forecasts. Exports fell 3.5%.

0
2026-05-29 06:32
|
573

China factory activity flat in May

China's factory activity remained flat in May as PMI dropped to 50, signaling weak demand and cost pressures from the Middle East conflict.

0
...
UK grocery inflation slows to 3.1% in four weeks | Bond.az