UK shop prices grew at the fastest pace since records began in 2005 largely due to rising food and energy prices, the British Retail Consortium said. Shop price inflation accelerated to 7.4 percent in November from 6.6 percent in October. Food prices advanced 12.4 percent annually after climbing 11.6 percent. This was the strongest inflation rate in the food category on record. Likewise, non-food inflation climbed to 4.8 percent from 4.1 percent in October. Powered by Commodity Insights
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