Inflation eases in February, but one-fifth of items still record steep price rises
While the number of items recording more than 6% inflation has also come down, 20% of the inflation basket is still recording high inflation, with coconut oil recording as much as 54.48% inflation and ...
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Food inflation was 0% last month. But people who eat aren’t feeling relief.
Grocery price hikes canceled out price drops in February, the CPI shows. But since 2020, the overall cost of food is up 24%.