Inflation
Inflation has significant implications for the UK jewellery trade, affecting everything from raw material costs to consumer spending habits. For jewellers, suppliers, and manufacturers, understanding how inflation influences pricing, margins, and operational decisions is critical to staying resilient in a shifting economic climate. Jewellery Focus provides expert coverage on inflation trends, market analysis, and insights into strategies trade professionals are adopting to mitigate its impact across the supply chain and retail sector.
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Mar- 2017 -7 MarchEconomy
Non-food retail sales record first quarterly decline in six years
Non-food retail sales fell in the three months to February 2017, making it the first quarterly decline for the category since November 2011. The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found non-food retail sales fell 0.4% on a like-for-like basis and 0.2% on a…
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Jan- 2017 -4 JanuaryEconomy
Shop prices show first sign of ‘upward trend’ in December
Shop prices have shown their “first sign of an upward trend” after deflation slowed during December. The British Retail Consortium (BRC) and Nielsen Shop Price Index revealed overall shop prices fell 1.4% in December, a deceleration from the 1.7% fall during the preceding two months. Non-food deflation accelerated to 1.9%,…
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Nov- 2016 -2 NovemberCurrent Affairs
Jewellery is the UK’s ‘most popular’ collectible investment
Jewellery is the most popular collectible investment in the UK, according to a recent study released by Lloyds Private Banking. It found that out of the one in six UK investors who held collectibles in their portfolio 9% of them invest in jewellery, compared with an average of 7% who…
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Sep- 2016 -28 SeptemberEconomy
Retail sales fall in September but growth expected to return next month
Retail sales volumes fell in the year to September following last month’s increase, according to the latest CBI monthly Distributive Trade Survey. The survey of 120 firms, of which 63 were retailers, showed that the volume of sales fell, despite expectations last month that sales would be largely unchanged. However,…
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Jul- 2016 -6 JulyEconomy
Shop prices fall for 38th consecutive month
Shop prices fell 2% in June, the 38th consecutive decline and a deepening from the 1.8% price fall recorded in May. That’s according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index, which revealed the fall was lower than the 12-month average decline of 1.8%. Non-food deflation…
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Jan- 2016 -12 JanuaryEconomy
UK retail sales remain subdued as e-commerce sales surge
The growth of retail sales continued to slow down in December as e-commerce sales jumped compared with the same month last year. That’s according to the British Retail Consortium (BRC) and KPMG Retail Sales Monitor, which found like-for-like retail sales in the UK rose by just 0.1% in December compared…
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Oct- 2015 -8 OctoberEconomy
Shop vacancy levels fall to five-year low
The number of vacant shops in Britain has fallen to its lowest since April 2010, according to new figures from the Local Data Company (LDC). In September, Britain’s shop vacancy levels fell to 12.9%. This was despite the leisure vacancy rate increasing from 8.13% in August to 8.16% in September…
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5 OctoberEconomy
CBI: September retail sales grew faster than expected
Sales and orders grew at a stronger rate than had been expected in the year to September with the pace of growth expected to continue into October. This is according to the Confederation of British Industry’s (CBI) latest Distributive Trades Survey. The survey of 119 firms showed that sales volumes…
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Aug- 2015 -18 AugustEconomy
UK inflation rate rises to 0.1% in July
The UK inflation rate has crept up from the zero-mark to 0.1% in July, according to the Consumer Prices Index measurement. A smaller fall in clothing prices during the month compared with the same time last year was the main contributor to the rise in inflation, the Office for National…
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Jul- 2015 -14 JulyEconomy
UK inflation rate falls back to 0%
The UK inflation rate fell back to 0% in June after rising to 0.1% in May, according to official figures released today. A fall in clothing and food prices were the main contributors to the change in the rate along with smaller rises in air fares than a year ago,…
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