Latest rise in CPI measure is the highest in three decades, coming a month after it hit 6.2%
- Business live updates: UK inflation hits 7%
Households in Britain have come under renewed pressure from the soaring cost of living after the official inflation rate reached 7% last month amid a record increase in petrol and diesel prices.
Figures from the Office for National Statistics showed the latest rise in the consumer prices index was the fastest in three decades, coming a month after the barometer for rising living costs jumped by 6.2% in February.
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