UK CPI Jumps to 3.3% in March

UK CPI rose to 3.3% in March 2026, up from 3% in February, ending two months of stability.
Motor fuel prices surged, with petrol up 8.6 pence/litre and diesel up 17.6 pence/litre, turning a 4.6% decline into a 4.9% rise.
Food prices rose 3.7% YoY while clothing fell 0.8% YoY, the latter marking the weakest performance since March 2021.
Core CPI eased to 3.1% and services inflation climbed to 4.5%, keeping UK inflation above the EU average of 2.8%.