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When will inflation come down?
Tesco chairman says this year will continue to be tough for price rises
The Bank of England Governor says there are early signs 鈥渁 corner has been turned on inflation". However, there was negative economic news as new figures showed retail sales fell by 1% in December - a really crucial month for shops. Today鈥檚 Martha Kearney spoke to John Allan, chairman of the supermarket chain Tesco, about food prices, which are still rising sharply; and the need for a long-term growth strategy.
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