British consumer price inflation increased in March to the highest level in three months, driven mainly by higher transport costs, data published by the Office for National Statistics showed on Wednesday.
The consumer price index climbed 3.3 percent year-on-year in March, faster than February's 3.0 percent stable increase. That was in line with expectations.
Core inflation that excludes prices of energy, food, alcohol, and tobacco eased slightly to 3.1 percent from 3.2 percent in the prior month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.