_uk-shop-price-rises-slow-to-0-6-annual-rate-in-may-easing-inflation-pressure.jpg "UK Shop Price Rises Slow to 0.6% Annual Rate in May, Easing Inflation Pressure from wet hot Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 530K times
✓ Published: 29-May-2024
👁 View: 530K times
✓ Published: 29-May-2024
Description:
Shop price rises in the UK slowed to an annual rate of 0.6% in May, down from 0.8% in the previous month. Food inflation also fell for the thirteenth month in a row to 3.2%, providing some relief for household budgets under pressure from high inflation. Prices of non-food items like furniture, TVs, and audio equipment have been falling as retailers cut prices ahead of the Euros football tournament. Unusually wet weather has also helped ease prices, and promotional activity from retailers is expected to increase to boost demand.
Shop price rises in the UK slowed to an annual rate of 0.6% in May, down from 0.8% in the previous month. Food inflation also fell for the thirteenth month in a row to 3.2%, providing some relief for household budgets under pressure from high inflation. Prices of non-food items like furniture, TVs, and audio equipment have been falling as retailers cut prices ahead of the Euros football tournament. Unusually wet weather has also helped ease prices, and promotional activity from retailers is expected to increase to boost demand.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_pm-finance-minister-ii-to-clarify-diesel-subsidy-soon-responds-to-hamzah39s-criticism.webp "Finance Minister II Datuk Seri Amir Hamzah Azizan will soon explain more about the implementation of diesel subsidy rationalisation, says Datuk Seri Anwar Ibrahim.<br/><br/>The Prime Minister said that on Sunday (May 26) when asked to comment on Opposition leader Datuk Seri Hamzah Zainudin's recent criticism regarding the lack of a timeline for the implementation of subsidy rationalisation for all fuels.<br/><br/>Addressing Hamzah's suggestion that Anwar should visit wet markets in the capital to observe the rising prices affecting the public, the Prime Minister asserted that he regularly checks market prices on a weekly basis, and suggested that Hamzah's comments were an attempt to deflect from allegations that his party supports wealthy tycoons and foreigners.<br/><br/>Read more at https://tinyurl.com/pzsw2m49 <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_wet-hot-american-summer-2001-higher-and-higher-montage-scene-9-10-124-movieclips.webp "Movieclips")
⏲ 2 minutes 48 seconds 👁 39.4K
_wet-hot-american-summer-2001-the-talking-can-scene-7-10-124-movieclips.webp "Movieclips")
⏲ 1 minute 43 seconds 👁 38.2K
_farmers-hopeful-for-wet-conditions-after-near-record-dry-season-in-wa.webp "As the much-anticipated break in the weather is forecast to bring rain to WA's grain growing regions this week, farmers are wrapping up their seeding programs, which many began back in early April. With the state experiencing one of the hottest, longest, and driest summer seasons on record, and with planting down on last year, analysts predict the eventual harvest income for the state's coffers will also be affected.")
_wet-hot-american-summer-ten-years-later-124-clip-eric-and-greg-are-back-in-action-124-netflix.webp "Netflix")
⏲ 1 minute 6 seconds 👁 16.6K
_i-built-the-ultimate-adventure-truck.webp "THE ULTIMATE overland camper has brought the world’s most comfortable off-road experience to life. Mike Hallmark oversaw the creation of the ‘Hellwig Rule Breaker’ - a 2016 Nissan Titan fitted with a 2017 Lance 650 camper, resulting in what Mike calls a “ridiculously limitless and over-the-top adventure-mobile”. Mike and his team at Hellwig Suspension Products came up with their unique design for the 2016 SEMA car show. The company’s Big Wig airbags in the vehicle’s wheel wells allow this one of a kind souped-up pickup to ride level with maximum comfort while navigating any terrain. Mike said: ”When you think of a camper you think of a white truck and a white camper, with a white-haired dude driving it at 45 miles-per-hour. We wanted to go the complete opposite, so we did a yellow truck, black camper with some graphics on it to really catch your eye and make a splash in the market.” The addition of the Hellwig rear sway bar provides enhanced control while carrying the camper, which features a full audio system, TV, fridge, bed, full-size wet bath, and living area. To accommodate all the added weight, Mike and his team also added Falken Wildpeak AT3W LT 325/65R18 tyres, which beefed-up the truck’s on and off-road handling capabilities. Mounted on the front bumper are Baja design lights, fog lights, projection lights, and a full light bar that allows the driver visibility while traveling at night or off-roading. The whole thing is powered by a Cummins 5.0L V8 turbo diesel engine.")
_dry-and-wet-try-on-haul-124-wet-tops-shower.webp "Klara Si")
_thousands-have-turned-up-to-the-staffordshire-county-show.webp "The wet weather didn't keep people away as thousands of people turned up to the first day of the Staffordshire County Show.")
_pm-finance-minister-ii-to-clarify-diesel-subsidy-soon-responds-to-hamzah39s-criticism.jpg)
_wet-hot-american-summer-2001-higher-and-higher-montage-scene-9-10-124-movieclips.jpg)
_wet-hot-american-summer-2001-the-talking-can-scene-7-10-124-movieclips.jpg)
_farmers-hopeful-for-wet-conditions-after-near-record-dry-season-in-wa.jpg)
_wet-hot-american-summer-ten-years-later-124-clip-eric-and-greg-are-back-in-action-124-netflix.jpg)
_i-built-the-ultimate-adventure-truck.jpg)
_dry-and-wet-try-on-haul-124-wet-tops-shower.jpg)
_thousands-have-turned-up-to-the-staffordshire-county-show.jpg)
![[+]](/images/menu.gif){kind=small}