Shop price inflation has sharply risen to 1.4 per cent, with global factors, higher national insurance, and escalating wage costs now directly affecting consumer prices - as one industry figure warns households are finding shopping “increasingly expensive”.
This significant jump from August’s 0.9 per cent was primarily fuelled by rising non-food prices, even as food inflation held steady at 4.2 per cent, according to the British Retail Consortium (BRC)-NIQ Shop Price Monitor.