Inflation
This coverage explores how inflation impacts the UK petcare industry, from rising supply chain costs to shifts in consumer spending. Pet Gazette reports on price trends, cost pressures for retailers and wholesalers, and strategies businesses are using to protect margins and maintain competitiveness. Coverage includes economic analysis, expert commentary, and case studies showing how inflation affects product pricing, sourcing, distribution, and overall market performance across the pet retail and supply sectors.
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Feb- 2018 -12 FebruaryCurrent Affairs
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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Jan- 2018 -23 JanuaryRetailers
Online retail shows signs of maturing with tough 2018 ahead, says IMRG
The rate of retail sales growth is pointing to a ‘maturing market’, figures from the IMRG Capgemini e-Retail Sales Index suggest. UK online retail sales were up 12.1% on average year-on-year (YoY) in 2017, which was lower than the IMRG’s forecast of 14%. This figures also falls short of 2016’s…
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17 JanuaryCurrent Affairs
Inflation drops for the first time in 6 months
The inflation rate saw a slight dip in December, falling to 3%, according to figures released by the Office of National Statistics (ONS). The level of inflation, according to Consumer Price Index (CPI), was less than November’s rate of 3.1%, which was at its highest for six years. The high…
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9 JanuaryRetailers
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
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Dec- 2017 -21 DecemberCurrent Affairs
Private sector growth shows acceleration
Private sector growth has shown accelerated growth in the three months till December, according to the latest CBI Growth Indicator. Based on 642 respondents across the distribution, manufacturing and service sectors showed the balance of firms reporting a rise in output at +19 percent, compared with +6 percent in the…
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12 DecemberCurrent Affairs
Inflation rises to its highest level for six years
Inflation rose to 3.1 percent in the month of November, figures from the Office of National Statistics (ONS) has revealed. According to the Consumer Prices Index (CPI), this was up from the three percent level seen in October, and is its highest level since March 2012. More expensive recreational goods…
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Nov- 2017 -27 NovemberFeatures
How safe is your job?
Despite a three percent drop in employment, Pet Gazette discovers that the retail sector is still going strong “The pace of job reductions in the retail industry is gathering steam,” says British Retail Consortium (BRC) chief executive Helen Dickinson OBE. In October, the BRC reported a record reduction in retail…
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8 NovemberCurrent Affairs
Household finances slow UK spending growth
Consumer spending growth slowed to 2.4 percent in October as Brits cut back across the board to cope with household finances. Data from Barclaycard reveals that spending on essentials (2.9 percent) outstripped discretionary spend growth (2.2 percent) for the second month running. This slowdown in expenditure on ‘nice-to-haves’ was driven…
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6 NovemberCurrent Affairs
Shop price deflation stays at four year low
For the second consecutive month, shop price deflation has remained 0.1 percent. According to figures from the British Retail Consortium (BRC) and Nielsen, September and October saw the shallowest rate in the last four years. Non-food products saw deflation of 1.5 percent. October’s food prices recorded the same increase as…
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Oct- 2017 -19 OctoberCurrent Affairs
UK retail sales growth slows more than expected
UK retail sales growth slowed more than predicted in the month of September, according to the Office of National Statistics (ONS). The figures showed that total sales fell by 0.8 percent when compared with August, making it much lower than the 0.1% drop that was expected. Year-on-year retail growth for Q3…
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