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UK Shop Price Inflation Accelerates in October

The British Retail Consortium said UK shop price inflation reached its highest rate in two and a half years in October, accelerating from September.

LONDON (dpa-AFX) - UK shop price inflation accelerated to its highest level in two and a half years in October, the British Retail Consortium said Tuesday.The shop price index climbed 2.1 percent year-on-year in October, faster than the 1.4 percent increase seen in September.Non-food inflation adva…