UK Shop Prices Rise For First Time In Over 5 Years: BRC

UK shop prices increased for the first time in more than five years in August, the British Retail Consortium said Wednesday. Shop prices edged up 0.1 percent in August, following a 0.3 percent drop in July. This broke a deflation cycle of 63 months, BRC said. Higher food price inflation as well as lower non-food price deflation contributed to the return of shop prices to inflation.Original Article