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

Annual March rate shows impact of Iran war, which also pushed up cost of food and air fares

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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Apr 24, 2026 Inflation Economics US-Israel war on Iran

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