UK data: Annual inflation hits an 18 year high

<p>British Retail Consortium (BRC) said overall shop price inflation rose to 8.9% from 8.4% in February</p><ul><li>largest increase since the British Retail Consortium's (BRC) records started in 2005</li></ul><p>The food category prices were 15% higher than a year ago.</p><p>More:</p><ul><li> "Shop price inflation has yet to peak," said BRC Chief Executive Helen Dickinson</li></ul><p>Info via Reuters.</p><p>---</p><p>Last week we had ugly official CPI data from the UK:</p><ul><li><a href="https://ift.tt/oiHCSpg" target="_blank" rel="follow">UK February CPI +10.4% vs +9.9% y/y expected</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.

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