Warning released as UK houses finds ‘fast expensive shopping’

Global factors, shop prices with high national have increased rapidly by 1.4 percent in inflation InsuranceAnd the cost of increasing wages is now directly affecting consumer prices – As an industry figure warns that homes are “rapidly expensive” shopping.

From 0.9 percent of August, this significant leap was mainly increased by rising non-food prices, even according to food inflation, remained stable at 4.2 percent, British Retail Consortium (BRC) -NIQ Shop Price Monitor.

While non-food items are 0.1 percent cheaper from year to year, this is a significant change since August, when they were 0.8 percent less.

Prices increase in DIY and horticulture, some unlike promotion to electrical like laptops in some back-to-school categories.

Meanwhile, the food price inflation remained stable at 4.2 percent, which increased the line of seven months.

Nevertheless, BRC highlighted the ongoing pressure on farmers, especially behind cattle, increasing the cost of labor and energy, keeping dairy and beef prices high.

DIY and Horticulture saw rising prices
DIY and Horticulture saw rising prices

BRC Chief Executive Officer Helen dikinson Said: “Non-food deflation is ready to end one and a half years, as the pressure of inflation has spread beyond food.

,Families Shopping is becoming increasingly expensive. The impact on retailers and their supply chain of both high national insurance and wage costs are playing in prices for consumers.

“The new packaging tax ready to be effective in October will put more pressure on inflation.

“While retailers continue to absorb more and more costs and provide price to customers, anyone in the upcoming budget moves forward, will maintain shop prices for a longer time.

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“Finally, these are British families who will bear the results of Chancellor’s decisions, positive or negative.”

Retailer and Business Insight head Mike Watkins said: “With inflation pressure, many shopkeepers are worried about their personal finance and becoming increasingly price-sensitive.

“As a result, there is a possibility of promotion of promotion and deals offering in the coming weeks to help retain the pace of sales to retailers.”