Inflation: why it could surge after the pandemic
- Written by Ian Crowther, Senior Lecturer in Banking and Financial Markets, Sheffield Hallam University
Not swell.Nikvart/ShutterstockInflation is rising again in the UK, according to the Office for National Statistics. Prices in March rose 0.7% compared to a year earlier, against a 0.4% rise in February. One of the main drivers was that fuel prices have seen their biggest increase since January 2020.
This rise in inflation is roughly in line with...