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Shop Price Inflation Increases Amid Middle East Crisis, Food Giants Halt Price Cuts
FinanceFTThe Independent3h ago2 sources

Shop Price Inflation Increases Amid Middle East Crisis, Food Giants Halt Price Cuts

Shop price inflation is increasing as 'storm clouds loom' amid the Middle East crisis, with the British Retail Consortium noting a rise but no indication of reaching previous peaks. This comes as major food companies had already begun to halt price cuts, facing difficult decisions due to the threat of another inflation surge.