Prices to surge in 2022 as retailers struggle to absorb cost pressures

Whole Foods Market London

Prices at the shelf edge are set to rise at a “faster rate” this year as retailers struggle to absorb a perfect storm of cost pressures.

Shop prices rose year on year for the second consecutive month in December, as inflation accelerated to 0.8%, according to the BRC-NielsenIQ Shop Price Index.

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