A new survey from the CBI revealed that shoppers could face the largest price rise for more than 30 years due to the wide shortage.
CBI Economist Ben Jones said:
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“As a whole, retailers are becoming more optimistic, and both the growth of employment and the intent of investment are strongly picked up, but the cost pressure remains a very realistic concern,” he said. I added it.
Companies are also increasing prices as production costs are rising.
Pantheon Macroeconomics, a British economist Samuel Tombs, commented:
