UK inflation jumps in March as Mideast war fuels energy prices

UK inflation jumps in March as Mideast war fuels energy prices

LONDON
UK inflation jumps in March as Mideast war fuels energy prices

Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, official data showed on April 22.

The Consumer Prices Index increased from 3.0 percent in the 12 months to February, the Office for National Statistics said in a statement.

"Inflation climbed in March, largely due to increased fuel prices, which saw their largest increase for over three years," Grant Fitzner, chief economist of the Office for National Statistics, said in a statement.

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