{"id":137461,"date":"2023-06-20T13:39:39","date_gmt":"2023-06-20T06:39:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rents-takes-up-biggest-share-of-pay-for-a-decade-but-food-inflation-pressures-ease-business-live\/"},"modified":"2023-06-20T13:58:37","modified_gmt":"2023-06-20T06:58:37","slug":"uk-rents-takes-up-biggest-share-of-pay-for-a-decade-but-food-inflation-pressures-ease-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rents-takes-up-biggest-share-of-pay-for-a-decade-but-food-inflation-pressures-ease-business-live\/","title":{"rendered":"UK rents takes up biggest share of pay for a decade, but food inflation pressures ease \u2013 business live"},"content":{"rendered":"


\nRolling coverage of the latest economic and financial news, as tenants face \u201cincreasing signs of stress\u201d with rents rising faster than wagesUK economy in growth \u2018doom loop\u2019 after decades of underinvestmentA glimmer of good news \u2013 the input production costs of UK food and drink manufacturers have fallen for the first time since April 2016.This provides optimism that future food price inflation will ease, reports Lloyds Bank, athough they fear it will be \u201csome time\u201d before this feeds through \u201cif at all\u201d to on-the-shelf food prices.\u201cThis drop breaks sustained rises in production costs for food and drink manufacturers, which have been among the sharpest of any sector monitored by the Tracker.\u201cIf production costs continue to fall, whilst welcome, it will still take some time before we see the benefit in terms of shelf prices. This is, in part, due to the long-term nature of contracts between the manufacturers and retailers, as well as the broader segments of the production chain. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK rents takes up biggest share of pay for a decade, but food inflation pressures ease \u2013 business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rolling coverage of the latest economic and financial news, as tenants face \u201cincreasing signs of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137461","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zL7","jetpack-related-posts":[{"id":171746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thinktank-calls-for-double-lock-england-private-rent-cap-to-ease-living-costs\/","url_meta":{"origin":137461,"position":0},"title":"Thinktank calls for \u2018double lock\u2019 England private rent cap to 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