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Supermarket prices 'to rise by 5%'

UK supermarket prices will rise by at least 5% over the next six months, according to the former boss of Sainsbury's, Justin King.

Morrisons is the the latest supermarket to lower the cost of milk as a price war between the big four supermarkets continues.

The Argentine government has ordered a two-month price freeze on all products in the country's main supermarket chains.

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