Data: Inflation hits 30-year high of 7% as fuel and food prices soar

Gas hob

The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar. 

The rise was in part attributed to the significant energy price increases, with the 12-month inflation rate for electricity and gas standing at 19.2% and 28.3% respectively this month.

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