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FTSE 100 up 126 points at 7,465 Shop price inflation eases in August Bunzl climbs after raising guidance 4:40pm: FTSE 100 boosted as China acts to boost.

Transcripts for BBCNEWS World Business Report 20240604 13:42:00

the british retail consortium said annual shop price inflation dropped to 6.9% down from 7.6% injuly, the lowest rate since october 2022. food price inflation fell to 11.5% from july s 13.4%, driven by slower increases for meat, potatoes and some cooking oils. much more on all of the stories on the website. if you want to reach me i am online. we will see you very soon. goodbye. bbc news, bringing you different stories from across the uk. for english heritage, the last four years have been a labour of love in this part of derbyshire. a team of specialist workers has been busy. it s meant to have a roof on it

Transcripts for BBCNEWS Verified Live 20240604 15:39:00

toyota is suspending operations at all of its assembly plants in japan from tuesday afternoon due to a malfunction with its production system. it could bring domestic output to a standstill for the world s top automaker. toyota said it was looking into the cause of the problem, but it was likely not due to a cyberattack . altogether the ia plants account for around a third of toyota s global production. prices in british retail chains rose at the slowest pace in nearly a year this month, offering further relief for consumers hit by high inflation. the british retail consortium said annual shop price inflation dropped to 6.9% down from 7.6% injuly, the lowest rate since october 2022. food price inflation fell to 11.5% from july s 13.4%, driven by slower increases for meat, potatoes and some cooking oils. around the world and across the uk,

Transcripts for BBCNEWS Verified Live 20240604 14:41:00

but it has been falling ever since, down to 13.1t% forjuly. the brc says that is helped by some key items like oils and fish coming down in cost. we are seeing that prices are falling in some areas and they are still continuing to rise but much more slowly. there are cause for concern around the ukraine exports of core cereals and also india have introduced rice restrictions. so there are cause for concern in those areas. but overall the picture is more optimistic. and poor weather on the high street lead to bigger discounts on clothing and footwear to persuade us to part with our cash. that led to overall shop prices falling month on month. it s very encouraging to see the rate of shop price inflation fade finally, after two years

Transcripts for BBCNEWS Verified Live 20240604 16:41:00

but it has been falling ever since, down to 13.1i% forjuly. the brc says that is helped by some key items like oils and fish the brc says that s helped by some key items like oils and fish coming down in cost. we re seeing that prices are falling in some areas and they re still continuing to rise, but much more slowly. there are cause for concern around ukraine exports of core cereals and also india have introduced rice restrictions, so there are cause for concern in those areas. but overall, the picture is more optimistic. and poor weather on the high street lead to bigger discounts on clothing and poor weather on the high street lead to bigger discounts on clothing and footwear to persuade us to part with our cash. that led to overall shop prices falling month on month. it s very encouraging to see the rate of shop price inflation fade finally, after two years in which we have all felt the pinch. but unfortunately, the bank of england probably still have to press ahead with higher in

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