Retail prices in the UK have climbed, something that hasn’t happened in last five years, British Retail Consortium’s fresh figures reveal.
The rise in store prices was 0.1% this month, putting an end to a 63-month stretch of price decreases, the Consortium reported.
This follows a food inflation that sprung up to 1.9%, the highest in seven months, as harvests suffered from hot weather lately.
The country will also face sharper price jumps in case Britain goes the way of no-deal Brexit, it also said.
Price deflation in products other than food registered a moderation to 1% this month as well, though in July it had stood at 1.4%, according to the trade association.