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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years

Petrol and diesel prices displayed at a petrol station in England on 20 April
The average price of petrol rose by 8.6p a litre between February and March to 140.2p, while diesel prices rose by 17.6p a litre to 158.7p. Photograph: Finnbarr Webster/Getty Images

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.

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