Shop price inflation in the UK fell in January to its lowest rate since May 2022 as retailers offered heavy discounts to entice customers, figures show.
January s shop prices eased to 2.9% higher. -January 30, 2024 at 12:58 am EST
- MarketScreener
Stock prices in London opened higher on Tuesday, after new data showed that UK grocery price inflation eased in January.
The FTSE 100 index opened up 36.35 points, 0.5%, at 7,669.09. The FTSE 250 was.
Stocks in London are set to open higher on Tuesday, after data showed that UK shop price inflation cooled in January.
IG says futures indicate the FTSE 100 to open up 44.1 points, 0.6%, at 7,676.84.
The FTSE 100 opened in the green on Tuesday, despite a share price fall for BP, one of the index s largest constituents, amid more positive trading sentiment in Europe and the US.
The FTSE 100 index.
London-listed blue-chips faded after a bright start with falls in oil majors, and index heavyweights, BP and Shell dragging the FTSE 100 lower.
Rolls-Royce motored as Barclays upgraded the stock to.