UK inflation climbs to 3.3%, driven by largest increase in fuel prices in over three years – business live
Oil prices fall on ceasefire extension but stay near $100 a barrel as strait of Hormuz remains closed
The average price of petrol rose by 8.6p a litre between February and March, compared with a fall of 1.6p a litre a year earlier.
The average price was 140.2p a litre, the highest since August 2024, the ONS said.
Diesel prices rose even more, by 17.6p a litre, compared with a drop of 1.6p a litre this time last year.
The average price stood at 158.7p a litre, the highest since November 2023.
https://www.theguardian.com/business/live/2026/apr/22/uk-inflation-increase-fuel-prices-oil-falls-trump-ceasefire-extended-business-live-news-updates">Continue reading...Iran war triggers UK inflation
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