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LONDON (dpa-AFX) - UK shop prices grew at a slightly slower pace in September due to promotions and strong discounting, the British Retail Consortium said Tuesday.Shop price inflation edged down to 1.4 percent from 1.5 percent in August. Nonetheless, the rate remained above the three-month average…
Food price inflation slowed to 2.5% from 2.8%, while non-food inflation eased to 0.8% from 0.9%.
British shop price inflation slowed slightly in September despite rising costs pressures on retailers caused by the Iran war, according to a survey on Tuesday from the British Retail Consortium which urged the government to do more to help."Retailers have absorbed wave after wave of extra costs, b…
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%