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Monday, November 28, 2022

UK inflation: Milk, cheese and eggs push food price rises to 14-year high

Overall UK inflation, which measures the rate at which prices rise, eased for the first time in almost a year in August, slipping to 9.9% from July’s 10.1%The figure was not as bad as feared but economists have warned the inflation rate is likely to continue to rise, noting that the cost of food , clothing and services – which include things such as shops and restaurant prices – were all continuing to rise sharply.

Source: BBC

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