Inflation: latest news, insights and analysis | Checkout Magazine

Tesco Reports Strong FY23/24 Results And Forecasts Profitable FY24/25

Tesco has posted its preliminary results for the 2023/2024 financial year, reporting a strong sales performance and increased revenue.

Irish grocery inflation rose 3.7% in the 12 weeks to 17 March, down 16% compared to last year according to the latest figures from Kantar.

Grocery inflation in the UK has reached its lowest level since February 2022 as it fell to 4.5% this month, Kantar has reported.

British retail sales increased this month after consistently falling for the past 10 months, according to industry figures.

Households in the UK reported feeling positive about their personal finances for the first time in two years, a survey has shown.

British inflation fell more in February than economists and the Bank of England (BoE) had expected, it was reported this morning.

Primark will raise pay for around 27,000 workers by an average of 9.1% from 1 April as minimum wage increases in the UK.

Britain’s Co-operative is the latest supermarket retailer to raise staff pay ahead of the government’s minimum wage increase in April.