Shoppers saw the fall in shop prices slow down over the past month, increasing the prospect of inflation, according to new figures. The BRC-NieslenIQ shop price index for August revealed that shop prices decreased by 0.8 percent year-on-year. However, this represented a significant slowdown from 1.2 percent deflation in July, amid fears that supply chain disruption is increasing costs for retailers who could pass some of this cost to customers. Helen Dickinson, chief executive of the British Retail Consortium (BRC), said: “While it is good news that overall retail prices fell year-on-year, there was a slight rise in prices on the previous month. “There are some modest indications that rising costs are starting to filter through into product prices.” Non-food deflation slowed to 1.2 percent in August, from a rate of 1.8 percent in July. Some non-food categories, such as electricals, reported sharp rises in inflation compared with last year …
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