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The Independent UK
The Independent UK
National
Ben Chapman

Cost of living crisis bites as shoppers see sharpest price rises in a decade

NielsenIQ
EPA

Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data suggests.

According the latest BRC-NielsenIQ shop price index, annual shop price inflation jumped from 0.8 per cent in December, to 1.5 per cent in January, the highest rate since 2012.

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