00:00Shop prices are rising at their fastest pace in two and a half years. The British Retail
00:06Consortium says prices were 2.1% higher in October than a year earlier, up from 1.4%
00:13in September. Food inflation rose to 2.9%, while non-food inflation more than doubled
00:19to 1.7%. The trade body says retailers are struggling to absorb higher energy, transport
00:26and ingredient costs. It warns costs could be passed on to shoppers. That could put further
00:32pressure on household budgets, as families weigh up spending on food, clothing and other
00:38everyday essentials. The figures come ahead of Chancellor John Healy's first budget.
