Shop prices in Britain rose at an annual rate of 2.7 percent in April, marking the highest rate of inflation since September 2011, said the British Retail Consortium (BRC) on Wednesday, Trend reports citing Xinhua.
Non-food inflation accelerated to 2.2 percent in April, the highest rate of inflation since this data series began in 2006, and the food inflation rose by an annual 3.5 percent in April, the biggest rise since March 2013, according to the BRC.
"The impact of rising energy prices and the conflict in Ukraine continued to feed through into April's retail prices," said the BRC Chief Executive, Helen Dickinson.
"Global food prices have reached record highs, seeing a 13 percent rise on last month alone, and even higher for cooking oils and cereals. As these costs filter through the supply chain, they will place further upward pressure on UK food prices in the coming months," she warned.
Mike Watkins, head of Retailer and Business Insight from NielsenIQ, agreed and said the inflation shows "no signs of abating."