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flag UK inflation fell to 2.8% in February, driven by cheaper clothing, but experts foresee future rises.

flag UK inflation dropped to 2.8% in February, down from 3% in January, primarily due to falling clothing prices. flag The Consumer Price Index (CPI) saw a significant downward contribution from clothing prices, which fell by 0.6% over the year. flag Despite the drop, experts predict inflation may rise again due to higher energy costs and potential price increases by businesses. flag Chancellor Rachel Reeves is set to deliver her Spring Statement on March 23.

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