A 17-month run of falling shop inflation ended in November, amid warnings that higher costs for retailers will “inevitably” lead to rising prices for consumers.
Overall, shop prices are now 0.6% cheaper than a year ago, but have risen from October’s 0.8% cheaper than a year earlier – the first time in 17 months that inflation has been higher than the previous month, according to the British Retail Consortium (BRC)-NielsenIQ Shop Price Index.
