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UK data: Annual inflation hits an 18 year high | Forexlive

British Retail Consortium (BRC) said overall shop price
inflation rose to
8.9% from 8.4% in February

  • largest

    increase since the
    British Retail Consortium’s (BRC) records
    started in 2005

The food category prices were 15% higher than a year ago.

More:

  • “Shop price inflation has yet to peak,” said BRC Chief Executive Helen Dickinson

Info via Reuters.

Last week we had ugly official CPI data from the UK: