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Food inflation falls, but Iran shock still to come
By Dominic Bernard2026-03-25T07:47:00
Source: Getty Images
ONS statistics reported a 3% overall CPI rate, with falls in grocery and alcohol – down one point to 3.6% – counteracted by rising clothing costs
Food inflation hit an 11-month low in February 2026, falling 0.3 points to 3.3% – but the US war on Iran may send price rises as high as 8%, according to the IGD.
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