Shop prices rise amid driver shortages and Brexit red tape
by Sarah Butler and Graeme Wearden from Economics | The Guardian on (#5P0V0)
Retail data shows 0.4% month-on-month increase in August, with 0.6% rise in non-food
UK shop prices rose last month, according to the latest data from the British Retail Consortium, in a sign that driver shortages and the costs of Brexit-induced red tape are beginning to hit household budgets.
The latest figures from the BRC and research group NielsenIQ reveal a 0.4% month-on-month rise in August. This was driven by a 0.6% rise in non-food prices, including a sharp increase in the cost of electrical goods caused by shortages of micro-chips and shipping problems.
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