British Retail Consortium (BRC) said overall shop price inflation rose to 8.9% from 8.4% in February
- largest increase since the British Retail Consortium's (BRC) records started in 2005
The food category prices were 15% higher than a year ago.
More:
- "Shop price inflation has yet to peak," said BRC Chief Executive Helen Dickinson
Info via Reuters.
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Last week we had ugly official CPI data from the UK:
