Soaring fuel and food prices drive rising inflation

Consumer with shopping trolley

Source: Shutterstock

UK inflation rose by 3.3% in March after surging fuel prices triggered by the Iran war drove up transport and food costs.

Figures from the Office for National Statistics show the consumer prices index increase last month from 3% in February, heaping more pressure on household finances already struggling with years of a cost-of-living crisis.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now