MARKET MONITOR A graphic guide to the off-trade
Published:  11 July, 2008

Inflation is on the rise

The Consumer Prices Index of annual inflation - the government's target measure of inflation - was 3.3% up in the latest figures to May, from 3% in April. Food and non-alcoholic beverages - mainly meat and vegetable prices - drove it up. Other factors putting big upward pressure on the index were gas and electricity bills, which remained static but had dropped a year ago, and price hikes for books, newspapers and foreign holidays. There was a small upward pressure from alcoholic drinks and tobacco, as drinks prices - especially on spirits - rose after falling the year before. The government's inflation target for the CPI is 2%. The Retail Prices Index rose to 4.3% in May, from 4.2% in April.




Site Search

COMMENT

What to expect at Christmas

The arrival of October means that we’re now officially in Nielsen’s Christmas trading period. Manufacturers and retailers alike have until December 30 to optimise their sales plans and activate them in-store in order to win at Christmas.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter