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flag UK inflation drops to 2.8%, but experts foresee future rises due to energy bills, council taxes.

flag UK inflation fell to 2.8% in February, down from 3% in January, largely due to lower clothing and footwear prices. flag The drop, attributed to numerous sales, marks the first annual decrease in over three years. flag Despite the decline, experts predict inflation may rise again due to upcoming increases in energy bills and council taxes. flag Chancellor Rachel Reeves is set to address economic plans in the upcoming Spring Statement.

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