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Economy

Inflation unexpectedly jumps to 10.4% amid rising food prices

Between January and February 2023, prices at restaurants and cafes increased by 11.4% in the year to February 2023

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The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink and food prices which reached their highest rate in 45 years, according to the latest figures from the Office for National Statistics (ONS).

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