UK inflation hits 7%: how high could it rise in 2022? 

Fuel prices and energy bills drive inflation to its highest level for 30 years

Pound coins and bank note
(Image credit: Matt Cardy/Getty Images)

The cost of living crisis in the UK has deepened after official data revealed that the rate of inflation hit 7% in the 12 months to March 2022 – the highest level since 1992.

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