{"id":756217,"date":"2026-09-01T02:34:14","date_gmt":"2026-09-01T02:34:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/756217\/"},"modified":"2026-09-01T02:34:14","modified_gmt":"2026-09-01T02:34:14","slug":"uk-retailers-raise-prices-by-most-since-2024-brc-data-shows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/756217\/","title":{"rendered":"UK retailers raise prices by most since 2024, BRC data shows"},"content":{"rendered":"<p data-testid=\"article-description\">The monthly shop price index increased to an annual 1.5% in August from 0.9% in July<\/p>\n<p>Published Tue, Sep 1, 2026 \u00b7 08:05 AM<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[LONDON] British retailers raised prices by the most in more than two years last month, as higher energy prices pushed up the cost of some processed food and the artificial intelligence boom raised the cost of consumer electronics which use similar components.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The British Retail Consortium said its monthly shop price index increased to an annual 1.5 per cent in August from 0.9 per cent in July, reaching its highest since February 2024.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cThe impact of higher energy, input and commodity costs is beginning to filter through into prices, particularly for ambient foods which are typically imported and processed,\u201d BRC chief executive Helen Dickinson said.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cIn non-food, electrical prices rose amid the ongoing AI boom, which is forcing up the price of memory chips and storage,\u201d she added.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BRC food price inflation rose to a four-month high of 2.8 per cent in August from 2.2 per cent in July.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BRC non-food inflation rose to 0.9 per cent in August from 0.2 per cent in July, its highest since February 2024.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Consumer price inflation measured by the Office for National Statistics \u2014 which covers more goods and services than the BRC measure \u2014 rose to a four-month high of 2.9 per cent in July.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The Bank of England forecasts CPI will peak at 3.2 per cent in October and November, while food price inflation will reach 3.5 per cent in December. REUTERS<\/p>\n","protected":false},"excerpt":{"rendered":"The monthly shop price index increased to an annual 1.5% in August from 0.9% in July Published Tue,&hellip;\n","protected":false},"author":2,"featured_media":756218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,1431,50,2023,56,54,55],"class_list":["post-756217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-gb","tag-great-britain","tag-greatbritain","tag-inflation","tag-news","tag-retail","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/756217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=756217"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/756217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/756218"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=756217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=756217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=756217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}