U.K. Shop Price Inflation Accelerated in December, BRC Says
This article is for subscribers only.
U.K. shop price inflation accelerated in December as stores struggled to contain the soaring cost of commodities, the British Retail Consortium said.
Prices charged by retailers rose 2.1 percent from a year earlier, up from 2 percent in November, the London-based lobby group said in an e-mailed statement. Food price inflation was unchanged at 4 percent, while non-food price gains accelerated to 1.1 percent from 0.9 percent, led by furniture prices.