Shop price inflation in UK hits record high

Retail prices in British stores hit another record high in March, according to the British Retail Consortium (BRC). It said on Tuesday that overall shop price inflation rose to 8.9 percent in March from 8.4 percent in February, the largest increase since the BRC records started in 2005. The BRC said the annual increase is mainly due to a 15.0 percent rise in food commodity prices and a 5.9 percent rise in the prices of non-food items.

Source: Jordan News Agency

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