UK inflation hits 3.3% as Iran war drives energy costs higher
Euronews
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British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring.
The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely.
UK inflation hits 3.3% on fuel
- UK inflation jumps to 3.3% amid Iran war 📹 Reuters —
- What rising inflation rate means for your money The Independent —
- UK Home Prices Returned to Growth Before War, Official Data Show Bloomberg —
- Flights, food and fuel: What you need to know about the latest inflation figures BBC News —
- UK inflation rises in March as prices at the pump spike higher after Iran war ABC News —