Contrary to expectations, annual British food inflation did not accelerate in January
Twelve-month inflation of 4 percent, the same as in December, was measured in January in Great Britain. Analysts expected an annual inflation rate accelerating to 4.2 percent for the first month of this year.
According to a report by the British Statistics Office (ONS) on Wednesday, consumer prices fell by an average of 0.6 percent in January compared to December, and this was the main reason why inflation did not accelerate last month, despite the increase in the official ceiling on household energy prices.
Year-on-year core inflation – which excludes the prices of food, energy, spirits and tobacco – was 5.1 percent last month, also the same as in December.
Related news
Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >In Turkey, retail sales growth slowed in May on an annual basis
In Turkey, retail sales growth in May was 5.8 percent,…
Read more >Food prices in China have been falling for twelve months
In June, the annual inflation in China moderated to a…
Read more >Related news
The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >Tetra Pak has announced that Alex Henriksen will be the managing director of the Eastern European region
Tetra Pak, one of the world’s leading food processing and…
Read more >Coca-Cola Hungary has developed new educational modules on waste circulation
After the online curriculum on the basics of the circular…
Read more >