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Import prices are rising and already feeding into shop prices.
Shop prices have gone up locally, expensive coffee shops and restaurants have opened.
Taxes and shop prices are going up, benefits are being cut and poor Londoners have been very badly hit.
China, which only really uses global markets for soybeans, is fretting over soaring shop prices for goods as diverse as pork and seaweed.
The strength of the economy is not yet consistent across all areas of the country and shop prices fell in August".
The British Retail Consortium's latest figures show shop prices fell again in December on a year earlier, the 20th consecutive month of deflation.
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The app allows users to compare the shop price of an item with the online price offered by Amazon and other retailers.
This week, the British Retail Consortium's shop price index showed that prices had fallen by 0.7% in July, bringing annual inflation down to 1.2%—hardly consistent with overheating consumer demand.
The Scottish Retail Consortium (SRC) said overall sales increased by a "meagre" 0.1%, once shop price deflation was taken into account.
But another market watcher suggested that Apple's priority remained securing a "premium" margin on the shop price of its hardware, and that add-on software sales were of secondary interest.
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