UK reaches 'turning point' as inflation rises to 0.7% in March

Higher fuel, transport and clothing prices nudge rate higher

Mike Sheen
clock • 2 min read
Falling food an non-alcoholic beverages prices offset rises elsewhere
Image:

Falling food an non-alcoholic beverages prices offset rises elsewhere

The UK’s 12-month CPI inflation rate rose to 0.7% in March 2021, up from 0.4% in the previous month, driven by higher fuel, transport and clothing prices.

Figures published by the Office for National Statistics (ONS) on Wednesday (21 April) show that the CPIH 12-month rate, which includes housing costs, rose to 1%, up from 0.7% in February. On a m...

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