UK inflation has decreased to 1.7% in September, dropping below the Bank of England’s target and opening discussions about potential interest rate cuts. This shift in…
Browsing: food prices
Shrinkflation is causing widespread concern among shoppers in today’s economic landscape, with nearly three quarters becoming more aware of its effects.Research by Barclays highlights that consumers…
Huw Pill, Chief Economist at the Bank of England, warns that food prices may not decrease due to the Ukraine conflict’s impact on supply chains.Russia’s invasion…