BRC / Neilson data for December

prices +0.3% y/y

  • prior +0.1%

Biggest increase since April 2013

More via Reuters summary:

  • December's increase represented only the fourth month of inflation in shop prices in five years
  • "Without a trade deal with the EU, the cost of importing many of the goods we buy day-to-day will go up significantly and retailers simply do not have the room in their margins to protect consumers," BRC chief executive Helen Dickinson

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I have only heard this second hand but apparently the price of gold pianos is through the roof.