UK inflation climbs to 7%
Rapid rise in fuel prices pushes inflation to new 30-year high
Consumer price index inflation in the UK rose further in March, touching 7%, the highest figure for 30 years, according to estimates by the Office for National Statistics.
Inflation was up 0.8 percentage points relative to February, with surging fuel prices making the largest single contribution to the headline number. In a statement today (April 13), the ONS said inflation was at its highest level since the CPI series began in 1997, and close to an estimated 7.1% peak in March 1992, based on
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