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UK inflation rises to 3.3% as fuel spikes after Iran war

financeApr 22, 20263222

The Office for National Statistics reported UK consumer price inflation at 3.3% in March after collecting price data mid month, a few weeks into the Iran war. Fuel prices made the largest contribution, recording their biggest rise in more than three years. Experts warned the March figure represents the "first wave" of inflation shock from the Iran war.

Key Highlights

ONS recorded UK consumer price inflation at 3.3% in March.
Fuel prices posted their largest increase in over three years.
ONS collected March price data mid month, a few weeks into the Iran war.
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