Shop price inflation in the UK sharply increased to 1.4 per cent in September, up from 0.9 per cent in August.
This rise was primarily driven by rising non-food prices, which saw a significant shift from deflation to a 0.1 per cent year-on-year price change.
Food inflation held steady at 4.2 per cent, ending a seven-month upward trend, though dairy and beef prices remain high due to production costs.
Global factors, increased national insurance, escalating wage costs, and an upcoming packaging tax are contributing to the overall inflationary pressure.
Industry figures warn that households are finding shopping "increasingly expensive," with retailers expected to offer promotions as consumers become more price-sensitive.
This article was written by Josie Clarke from The Independent and was legally licensed through the DiveMarketplace by Industry Dive. Please direct all licensing questions to legal@industrydive.com.