UK Inflation Accelerates on Higher Petrol Costs
UK inflation accelerated in March, as a surge in energy costs triggered by the Iran war started to hit consumers in the pocket.
The consumer prices index rose 3.3% from a year earlier, up from 3% the previous month, the Office for National Statistics said Wednesday.
Santander Corporate and Investment Banking Economist Victoria Clarke reacts to the data on Bloomberg Television. (Source: Bloomberg)
- UK inflation rises to 3.3% amid soaring fuel prices driven by Iran war The Guardian —
- UK inflation jumps to 3.3% amid Iran war 📹 Reuters —
- Iran war drives UK inflation up to 3.3% in major blow for Reeves The Independent —
- Inflation jumps after a sharp rise in diesel and petrol prices due to Iran war Daily Star —
- UK inflation rises as prices at the pump spike after Iran war ABC News —