Price rises gather pace in UK shops amid higher energy costs

In-store inflation rises to an annual 1.5% in August, according to a survey for the British Retail ConsortiumThe pace of price rises in UK shops rose to its highest level in two years in August, a trade body index shows, with higher energy costs pushing up the price of food and AI chip demand making technology more expensive.In-store inflation stepped up to 1.5% year on year in August, up from 0.9% in July, led by prices for tinned and packaged…

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