UK inflation jumps to 2.9% as energy costs bite
19-08-2026 09:12 via retailgazette.co.uk

UK inflation jumps to 2.9% as energy costs bite

UK inflation accelerated to 2.9 per cent in July as soaring household energy costs pushed up the cost of living, raising fresh concerns over pressure on consumers and retailers.
The Consumer Prices Index climbed from 2.6 per cent in June, according to the Office for National Statistics, marking the first rise in the annual rate since March.
Housing and household services were the biggest contributor to the increase, with gas prices jumping 14.7 per cent during July following changes to the Ofgem
Read more »

Retail news



Robert Dyas launches on Deliveroo in first on-demand delivery move
Robert Dyas launches on Deliveroo in first on-demand delivery move
Poundland owner weighs sale of the retailer a year after acquisition
Iceland cuts store losses by 80% with AI-powered theft detection
Iceland cuts store losses by 80% with AI-powered theft detection
Space NK and PURESEOUL open new stores at Lakeside
Space NK and PURESEOUL open new stores at Lakeside
Klarna cuts revenue outlook as European retail slowdown hits
Klarna cuts revenue outlook as European retail slowdown hits
CMA warns fuel retailers over slow price cuts as margins remain high
CMA warns fuel retailers over slow price cuts as margins remain high
Tesco cafés get KPop Demon Hunters makeover this summer
M&S backs Retail Trust’s ‘Let’s Respect Retail’ campaign
Angling Direct revenue up 5.1% despite European sales drop
M&S becomes first major grocer to back campaign tackling abuse of retail workers
M&S becomes first major grocer to back campaign tackling abuse of retail workers
Depop’s Steve Dool breaks down its Zara Larsson collab
Depop’s Steve Dool breaks down its Zara Larsson collab
Poundland owner explores sale just a year after £1 takeover
Poundland owner explores sale just a year after £1 takeover
Frasers Group tightens grip on Hugo Boss as stake climbs to 48%
Frasers Group tightens grip on Hugo Boss as stake climbs to 48%
What high streets can learn from the success of retail parks
Desktop versie