UK Shop Prices Rise by Most Since April 2024, British Retailers Say
British shop prices rose by the most in more than a year in the 12 months to July and food prices grew more strongly, according to a survey that adds to other inflation signals and underscores the Bank of England's interest rate dilemma.
Overall shop prices in July rose by 0.7% in annual terms - the largest rise since April 2024 - after a 0.4% rise in the 12 months to June, the British Retail Consortium said on Tuesday. Food prices jumped...
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