Cost of living crisis worsening as shop prices rise at fastest rate in more than a decade

Cost of living crisis worsening as shop prices rise at fastest rate in more than a decade

Shop prices increased at their fastest rate in more than a decade last month, the British Retail Consortium (BRC) has said.

Retail prices went up from 2.1% in March to 2.7% in April, according to the BRC-NielsenIQ price index.

This was the highest annual rate of inflation it recorded since September 2011.