AssetID: 55636238
Headline: UNCAPTIONED: UK Inflation Rises To 3.3% As Experts Warn Of More Price Pressure
Caption: UK Inflation Rises To 3.3% As Experts Warn Of More Price Pressure. The UK inflation rate has risen to 3.3% in the year to March, according to the Office for National Statistics. The increase was largely driven by higher fuel costs linked to the impact of the Iran conflict on global oil prices, alongside rising food prices and airfares. Inflation had been expected to fall, but the jump in energy costs reversed that trend. Economists warn the full impact has yet to be felt, with price rises expected to filter through to households over the coming months. Experts say it could take up to a year for higher costs in the food supply chain to show up on supermarket shelves. While further increases are expected, analysts believe the pace of inflation may rise more gradually from here. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,UK inflation,rises,3.3%,United Kingdom,UK,experts,warn,more,price pressure,fuel,oil,energy,food,clothing,prices,airfares,Iran conflict,global oil,impact,economists,National Statistics
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