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Price rises gather pace in UK shops amid higher energy costs
BusinessThe Guardian01 Sept, 11:15 amAtlasHour
Business

Price rises gather pace in UK shops amid higher energy costs

In-store inflation rises to an annual 1.5% in August, according to a survey for the British Retail Consortium The pace of price rises in UK shops rose to its highest level in two years in August, a trade body index shows, with higher energy costs pushing up the price of food and AI chip demand making technology more expensive. In-store inflation stepped up to 1.5% year on year in August, up from 0.9% in July, led by prices for tinned and packaged food which increased by 2.5% against 1.1% in the prior month, according to data from the research company NIQ for the British Retail Consortium...

Source-linkedAtlasHour DeskThe Guardian01 Sept, 11:15 am

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In-store inflation rises to an annual 1.5% in August, according to a survey for the British Retail Consortium The pace of price rises in UK shops rose to its highest level in two years in August, a trade body index shows, with higher energy costs pushing up the price of food and AI chip demand making technology more expensive.

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AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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