Thursday, October 6, 2022

Shoppers hit with sharpest price rises in a decade

SHOPPERS have been hit by the highest price rises in nearly 10 years after shop inflation almost doubled over the past month, data suggests reports the BBC.

Shop price inflation jumped from 0.8% in December to 1.5% in January, the BRC-NielsenIQ price index indicated.

The sharp rise was driven by non-food price increases, which included furniture and flooring in high demand.

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