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MoneyStrait of Hormuz crisis could push UK food inflation higher and raise grocery bills
Procurement executive warns energy shock could push food inflation towards five per cent
Inflation
Inflation drops to 3% with Bank of England interest rate cut on the cards
The move down in inflation will come as a relief to mortgage holders and borrowers in particular
US inflation falls to 2.4% as Donald Trump gets 'everything he wants' for economy
The Trump administration is urging the US central bank to cut interest rates faster
