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Inflation Steady at 3%, but Storm Looms

Published 2 days, 7 hours ago
Description

Inflation held steady at 3% in February, with economists predicting a potential surge to 4% by Q3 2026 due to escalating energy costs and shipping disruptions. Clothing prices boosted inflation, while falling petrol costs and slower alcohol/tobacco price increases held it back. Services inflation eased to a near-four-year low of 4.3%.

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