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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Jun- 2015 -25 JuneEconomy
Jewellery sales shine across UK shopping centres
Jewellery brands led the way in terms of sales growth across UK shopping centres in the first quarter of 2015, according to new figures released today. Estate agent Savills said jewellery saw substantial growth of 12% in the first quarter of the year, with growth of 7.2% over the last…
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16 JuneEconomy
UK Inflation rate rises to 0.1%
The UK inflation rate has turned positive again in May after dipping below zero in April for the first time since 1960, according to figures from the Office for National Statistics (ONS). The Consumer Prices Index (CPI) reported that the UK’s inflation rate rose to 0.1% in May, up from…
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3 JuneRetailers
Shop prices fall for 25th consecutive month
Shop prices were down 1.9% in May compared with the same time last year – unchanged from April’s rate of decline. This is according to the British Retail Consortium (BRC) and Nielsen Shop Price Index which recorded its 25th consecutive month of shop price deflation, with falling non-food prices now…
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May- 2015 -19 MayEconomy
UK inflation dips into negative
Inflation dipped below 0% for the first time since records began in April, down to -0.1%, according to the lates figures from the Office for National Statistics (ONS). The Consumer Prices Index has never turned negative in the decades since it was first recorded in 1960. The ONS said the…
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Apr- 2015 -14 AprilEconomy
UK inflation rate remains at zero
The UK’s inflation rate remained at zero in March, according to new figures released today by the Office for National Statistics (ONS). Measured by the Consumer Prices Index (CPI), this represents the lowest rate of inflation since records began in 1989 as a fall in clothing prices and a rise…
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Mar- 2015 -31 MarchEconomy
Retail footfall to jump 4.7% over Easter weekend
Retail footfall is set to increase by 4.7% over the Easter weekend compared to the same time last year, according to new figures released today by Springboard. Easter weekend is two weeks earlier than last year and falls just after a national payday, putting consumers in a strong position to…
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9 MarchEconomy
Valentine’s Day sales increase in 2015
Jewellers benefitted from a strong Valentine’s Day as sales of jewellery were up 7.3% in February compared to the same month last year, according to new figures. This is according to Barclaycard’s monthly consumer spending index which shows that, following a slight dip at the start of the year, retailer…
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Feb- 2015 -27 FebruaryEconomy
Consumer confidence remains stable in February
Consumer confidence in the UK has remained stable in February as low inflations and rising wages made Britons more confident about their finances, according to new figures released today. This is according to Gfk’s latest Consumer Confidence Index, which found that consumer confidence remained at +1 during the month. The…
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23 FebruaryEconomy
CBI: Surprise dip in retail sales growth
Retail sales growth practically ground to a halt in February, according to the CBI’s latest quarterly Distributive Trades Survey. The survey of 138 firms including 62 retailers showed that both volume of retail sales and orders failed to meet expectations of growth in February, following six months of buoyant sales.…
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Jan- 2015 -29 JanuaryEconomy
Balance of 39% of retailers report sales growth in January
The proportion of retail sectors reporting sales growth in January was a balance of +39%, according to the latest data from the Confederation of British Industry (CBI). The CBI’s Distributive Trades Survey, which polled 127 UK retailers, found that volumes grew faster than expected, partly driven by the strongest rise…
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