Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
27 May | Other

Food inflation in UK hits one-year high — BRC

GBPUSD
EURGBP
GBPAUD
GBPCAD
GBPJPY
Food inflation in UK hits one-year high — BRC

UK food inflation rose again in May, reaching its highest level in a year, according to updated official figures. The British Retail Consortium (BRC) reported that prices climbed 2.8%, up from 2.6% in April, marking the fourth consecutive monthly increase, led by fresh produce.

Supermarkets face mounting financial pressures, Bloomberg noted. Higher wages and payroll taxes are expected to add around £5 billion ($6.7 billion) to industry costs.

This runs counter to earlier expectations of fierce price competition among UK grocers. When Asda announced price cuts earlier this year, shares in Tesco and Sainsbury’s fell. Though Bloomberg Intelligence analyst Charles Allen says those concerns were overblown.

Anton Volkov MarketCheese

Recommended

Canada. CPI (YoY). The value of the indicator has decreased from 2.4% to 2.2%
Yesterday at 1:30 PM
Japan. GDP (YoY). The value of the indicator has decreased from 2.3% to -1.8%
16 November
European Union. Reserve Assets Total. The value of the indicator has increased from 1622.22B to 1709.78B
14 November
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.2%
14 November
European Union. GDP (YoY). The value of the indicator has increased from 1.3% to 1.4%
14 November
Top news
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.2%
14 November
European Union. Trade Balance. The value of the indicator has increased from 1.9B to 19.4B
14 November
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%
6 November
European Union. Retail Sales (MoM). The value of the indicator remained at the same level of -0.1%
6 November
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
4 November
All news

Forecasts

Gold buy
Period: 24.11.2025 Expectation: 14650 pips
Gold levels off after retreat from local high
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 11:46 AM 38
Lyra_Moonwell1
Silver sell
Period: 28.11.2025 Expectation: 4000 pips
Double top could bring silver back to $47
FA Other Indicators Chart analysis
Yesterday at 11:08 AM 28
Tom_Kern
S&P 500 sell
Period: 24.11.2025 Expectation: 1600 pips
S&P 500 is set to ride wave of profit-taking
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 09:55 AM 23
Emily_Foster
BTCUSD buy
Period: 28.02.2026 Expectation: 18500 pips
Take closer look at Bitcoin from $88,500
FA Other Chart analysis
Yesterday at 08:02 AM 16
Bruce_Powers
USDJPY buy
Period: 21.11.2025 Expectation: 250 pips
Buying USDJPY amid ongoing monetary policy split
FA Other Chart analysis
Yesterday at 08:02 AM 22
McCarthy_Raymond
Natural gas buy
Period: 21.11.2025 Expectation: 300 pips
Investing in natural gas on rising demand
Indicators and reports TA Other
Yesterday at 04:33 AM 25
McCarthy_Raymond
Go to forecasts