Prince Increases expected at the Tills

The video discusses the Christmas shopping rush and the potential for consumers to save money before January price increases. Retailers, facing unsustainable discounts, plan to raise prices. Consumers are challenged by rising costs, inflation, and unemployment concerns. Inflation has already impacted clothing and furniture prices, and further increases could lead to a quieter High Street.

What is one reason consumers might rush to buy products before January?

• To take advantage of current offers before prices rise

• To buy gifts for family and friends

• To avoid holiday crowds

• To support local businesses

Why are retailers considering raising prices in January?

• To improve product quality

• To compensate for unsustainable discounts

• To cover increased production costs

• To match competitors' prices

What is a major challenge for retailers in the current market?

• Expanding store locations

• Hiring more staff

• Dealing with cutthroat competition

• Finding new suppliers

Which sectors contributed to the rise in inflation in November?

• Electronics and appliances

• Automobiles and accessories

• Clothing and furniture

• Food and beverages

What could be a consequence of excessive price increases in January?

• More store openings

• Increased consumer spending

• A quieter High Street

• Higher employment rates