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flag UK shop price inflation rose to 1.4% in September, driven by rising non-food prices and global cost pressures.

flag UK shop price inflation rose to 1.4% in September, up from 0.9% in August, driven by increasing non-food prices despite food inflation holding steady at 4.2%. flag Non-food prices, which had been deflating for over a year, showed signs of reversal, now only 0.1% lower than a year ago compared to 0.8% lower in August. flag Rising global pressures, higher national insurance, and wage costs fueled the increase, with DIY and gardening items seeing price hikes. flag Food prices remain elevated, particularly for dairy and beef, due to ongoing farm cost pressures. flag Retailers warned that a new packaging tax starting in October could add further inflationary pressure, and urged caution in upcoming fiscal decisions. flag Consumers remain price-sensitive, prompting retailers to maintain promotions to sustain sales.

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