Fuel spike lifts UK inflation to 3.3% in March
UK inflation rose to 3.3% in March, the first hard sign that the Iran war is driving price pressures, led by a sharp jump in fuel and energy costs, with airfares and food also rising while clothing costs slowed the pace. Economists warn inflation could rise further and policy paths are mixed, though most expect the Bank of England to hold rates for now despite potential external shocks.
