#price-increases

#price-increases

Oskar Oholm, CEO of Svensk Maklarstatistik, explained that the modest price increases in May are driven by buyer psychology amid geopolitical instability and high supply.

The CBI reported the sharpest decline in retailer sentiment in the last five years, with employment expected to drop significantly next month.

According to the U.S. Census Bureau, 45.6% of Americans are very stressed out about recent price increases.

Customers should prepare for upcoming price hikes from major telecommunications providers, with adjustments based on inflation rates and fixed annual increases implemented by Eir and Vodafone.

"Sainsbury's has warned that shoppers will face higher prices due to surprise tax changes, leading to an additional £140m in costs affecting prices and inflation."