00:00The price of goods in shops rose at its fastest rate for two years in August,
00:05according to figures from a trade body index. Shop price inflation increased to 1.5% up from
00:120.9% in July. Food prices were a pressure, with tinned and packaged goods rising by 2.5%.
00:20Fresh food prices remained high at 3%, with growers facing hot, dry weather and higher fuel
00:26costs. Some electrical goods became more expensive too, as demand for artificial intelligence
00:32technology pushed up memory and storage costs. Retailers say rising costs are making it harder
00:39to absorb further price increases for households across the country.
