UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises

UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises

British retailers are facing the steepest shop price inflation since 2024, according to the British Retail Consortium. The trade group said rising input costs are finally being passed on to shoppers despite attempts to contain increases. The latest data shows consumer prices in stores climbing at a faster rate than overall inflation, putting pressure on both businesses and buyers.