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Economy

Shop prices return to inflation as retailers struggle to shoulder costs

Food inflation increased to 3.7% year on year in June, compared with a 2.8% in May, and above the 3-month average of 3.1%

Shop price inflation increased to 0.4% year on year in June, compared with a decline of 0.1% in May, as retailers grappled with increases to minimum wage and employer national insurance costs.

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