UK Inflation Accelerates on Higher Petrol Costs

Bloomberg — Apr 22, 08:22 AM

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)