Prices Up On The High Street In December

Shop prices increased in December by 2.2%. Food inflation increased from 2.8% in November to 3.7% in December and non-food inflation was up 1.4% in December from -1.2% in November 2009.

December was the only month with the same 15% VAT rate as the previous year making an inflationary figure inevitable according to the BRC. The period covered by the survey was the 7-12 December 2009.