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Scots shoppers warned of higher prices likely in run-up to Christmas

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dailyrecord.co.uk
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Higher shop prices are likely in the run-up to Christmas as ongoing global shortages and supply problems result in cost pressures, figures suggest.

Shop price annual deflation eased to 0.4% in October from last month's decrease of 0.5% - a slower rate of decline than the 12 and six-month average price decreases of 1.3% and 0.7% respectively.

Overall prices are still lower than this time last year but food prices this month saw their highest rate of year-on-year inflation, at 0.5%, since November 2020, according to the BRC-NielsenIQ Shop Price Index.

Fresh food prices rose for the first time in 10 months, by 0.3%, following 10 months of deflation, while ongoing global shortages of materials and supply issues with logistics and shipping

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