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Slight inflation dip but shoppers hit by more food price increases

The Consumer Prices Index (CPI) rose by 10.1% in the 12 months to March 2023, down from 10.4% in February, but food prices continued to soar, rising at their fastest rate in 45 years. The sharpest food rises included olive oil (up 49%), milk (up 38%) and ready meals (up 21%). The news was a little …

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