The Guardian Australia – Business ·business ·4 hours ago

UK shop price inflation slows to 1% as retailers boost discounts

Shop price inflation in the UK slowed to 1% in April, down from 1.2% in March, as retailers increased discounts to attract customers. The British Retail Consortium reported a decline in consumer confidence, with 68% of retailers experiencing falling sales volumes. Experts warn that rising fuel prices may soon drive inflation higher again.

Summary by Glance · The Guardian Australia – Business

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