EconomyUK shop price inflation hits highest level since 2024 as retailers struggle to contain rises

The British Retail Consortium said shop prices rose 2.1% year on year in October, up from 1.4% in September and the highest rate in two and a half years. Rising energy and food-ingredient costs are leading retailers to pass on increases. Food inflation reached 2.9%, while non-food inflation climbed from 0.8% to 1.7%.

UK economyshop pricesinflationretail

TThe Guardian★★★☆☆2026-10-27 00:01Original