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<p>At Spring Budget 2023, the OBR forecast that taken together, the freezing of fuel
duty, changes to alcohol duty and the extension of the Energy Price Guarantee (EPG)
for three months lower CPI inflation by 0.7 percentage points in 2023-24.</p><p>The
OBR forecast that overall the EPG, including the prior announcement at Autumn Statement,
will take 2 percentage points off CPI inflation in the year 2023.The subsequent increases
to fuel and alcohol duties and the EPG measure then add 0.4 percentage points to CPI
inflation in 2024-25.</p>
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