MARKET MONITOR A graphic guide to the off-trade
Published:  11 July, 2008

Inflation is on the rise

The Consumer Prices Index of annual inflation - the government's target measure of inflation - was 3.3% up in the latest figures to May, from 3% in April. Food and non-alcoholic beverages - mainly meat and vegetable prices - drove it up. Other factors putting big upward pressure on the index were gas and electricity bills, which remained static but had dropped a year ago, and price hikes for books, newspapers and foreign holidays. There was a small upward pressure from alcoholic drinks and tobacco, as drinks prices - especially on spirits - rose after falling the year before. The government's inflation target for the CPI is 2%. The Retail Prices Index rose to 4.3% in May, from 4.2% in April.

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English wine: a happy harvest for Christmas

All across England and Wales, vineyards are being harvested. Down winding country lanes come armies of welly-wearing conscripts wielding secateurs and buckets, ready to reap the rewards of our vines. Happily they come, their cheeks ruddy with pride. Half an hour later they’re crawling over muddy clods with lacerated hands, drenched in claggy juice and cold sweat, as if ploughing through an endurance race.

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Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know