Annual March rate adds to pressure on household finances and follows warnings of slowdown to UK economy
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Annual March rate adds to pressure on household finances and follows warnings of slowdown to UK economy
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UK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years.
In the first official snapshot of the damage to living standards in Britain from the US-Israeli war on Iran, the Office for National Statistics (ONS) said the consumer prices index increased last month from a rate of 3% in February. The rise matched the forecasts by City economists.
Continue reading...Source: Guardian - World News
