UK Shop Price Inflation Jumps in August Amid Rising Food and Tech Costs

British retailers increased prices at the fastest rate in over two years last month, driven by higher energy costs affecting processed foods and the AI boom elevating consumer electronics prices.

2 Sept, 03:30 — 2 Sept, 03:30

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cyprus-mail3d ago

UK shop price inflation jumps in August on rising food and tech costs

British retailers raised prices by the most in more than two years last month, as higher energy prices pushed up the cost ‌of some processed food and the artificial intelligence boom raised the cost of consumer electronics which use similar components. The British Retail Consortium said its monthly shop price index increased to an annual […]

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UK Shop Price Inflation Jumps in August Amid Rising Food and Tech Costs

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UK shop price inflation jumps in August on rising food and tech costs

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