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

UK grocery inflation hits highest level since March 2024 in June

GBPUSD
EURGBP
GBPAUD
GBPCAD
GBPJPY
UK grocery inflation hits highest level since March 2024 in June

UK food prices rose 4.7% year-on-year in the four weeks to June 15, up from 4.1% the previous month. The increase has further strained low-income households across the country, Reuters reports.

According to Tesco representatives, new employer taxes and ongoing regulatory costs are intensifying inflationary pressures during a period of rising commodity prices.

Reuters forecasts indicate UK grocery inflation may spike to 5% this year.

Kantar data shows that sales value of the mentioned goods grew 4.1% year-on-year during the four-week period, boosted by warm weather. However, inflation-adjusted figures showed a 0.4% decline, marking the first annual decrease in 2025.

Elizaveta Kuzmicheva MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -79.2K to -51.2K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -33.6K to -6.6K
Yesterday at 7:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from -108.9K to -107.2K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 91.6K to 61.4K
Yesterday at 7:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 125.7K to 117.8K
Yesterday at 7:30 PM
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.5%
Yesterday at 3:52 AM
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%
18 September
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4.5% to 4.25%
17 September
Canada. BoC Interest Rate Decision. The value of the indicator has decreased from 2.75% to 2.5%
17 September
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to 0.1%
17 September
All news

Forecasts

Brent sell
Period: 26.09.2025 Expectation: 176 pips
Brent prices decline due to uncertain demand outlook
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Yesterday at 11:10 AM 99
Emily_Foster
S&P 500 sell
Period: 26.09.2025 Expectation: 100 pips
Selling SPX with $6,620 target
Indicators and reports Chart analysis
Yesterday at 09:38 AM 116
Bruce_Powers
GBPUSD sell
Period: 25.09.2025 Expectation: 700 pips
GBPUSD has one more correction target left at 1.348
Hot news Chart analysis Indicators
Yesterday at 09:26 AM 102
Tom_Kern
AUDCAD buy
Period: 26.09.2025 Expectation: 740 pips
AUDCAD set to bounce off support as Canadian dollar faces fundamental pressure
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 06:39 AM 17
Lyra_Moonwell1
Natural gas buy
Period: 25.09.2025 Expectation: 200 pips
Buying natural gas with $3.230 target on seasonal demand and technical pullback
TA Other Technical analysis FA Other Indicators Fundamental analysis
18 September 2025 269
Lyra_Moonwell1
ETHUSD buy
Period: 22.09.2025 Expectation: 10000 pips
ETHUSD set to rise after descending channel breakout
FA Other Chart analysis Indicators
18 September 2025 248
John_Bullard
Go to forecasts