Consumers are buying luxury goods amid falling prices and rising prices . retailers have seen prices increase by 17 per cent in the past decade . prices starting to show UK is now in first period of deflation since 1960 .
Consumers are buying luxury items amid falling prices and rising wages . Restaurants have seen spending increase by 17 per cent in the past year . Figures expected to show UK is now in first period of deflation since 1960 .