Get all your news in one place.
100's of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

UK Inflation, Highest in Western Europe, Falls Only a Little in March

A person carries a box of tomatoes during early morning business hours at New Covent Garden Market in London, Britain, March 9, 2023. (Reuters)

Britain now has Western Europe's highest rate of consumer price inflation after it fell by less than expected in March to 10.1% in March from February's 10.4%, official data showed on Wednesday.

Economists polled by Reuters had forecast that the annual CPI rate would drop to 9.8% in March, moving further away from October's 41-year high of 11.1% but still eating into the spending power of workers whose pay is rising by less.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.