{
  "id": 4736655,
  "title": "UK Shop Price Inflation Hits Two-Year High After Energy Spike",
  "url": "https://urgent.news/2026/08/31/uk-shop-price-inflation-hits-two-year-high-after-energy-spike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T23:01:00.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-08-31/uk-shop-price-inflation-hits-two-year-high-after-energy-spike"
  },
  "original_language": "en",
  "account": null,
  "summary": "UK shop price inflation has reached a two-year high, according to the British Retail Consortium (BRC). The inflation rate increased to 1.5 per cent in the year to August, up from 0.9 per cent in the year to July. This is the highest level in over two years, as reported by City AM.\n\nThe rise in shop price inflation is attributed to the surge in energy and commodity costs filtering through to consumers. Food price inflation also rose to 2.8 per cent from 2.2 per cent in the previous month. According to City AM, this trend may indicate that prices are set to rise higher as the year draws to a close.\n\nThe BRC's chief executive, Helen Dickinson, warned that the impact of higher energy prices and commodity costs is beginning to filter through into prices. She also noted that retailers are facing persistently high operating costs, which may limit their ability to absorb further increases without impacting investment, jobs, and prices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "City AM",
        "title": "Shop price inflation hits two-year high as rising energy costs hit consumers",
        "url": "https://urgent.news/2026/08/31/shop-price-inflation-hits-two-year-high-as-rising-energy-costs-hit",
        "published": "2026-08-31T23:01:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}