Inflation in the United Kingdom rose slightly on a monthly basis in March. This was shown on Wednesday by Statistics Bureau ons.
Prices rose by 0.3 percent on a monthly basis, after a 0.1 percent increase a month earlier. In the 12 months to March 2021, prices rose by 0.7 percent compared to 0.4 percent in the 12 months to February 2021.
The Bank of England still wants a 2.0 percent inflation rate. Producer prices in the United Kingdom increased monthly and annually in March. This was shown on Wednesday by figures from the British statistical office to us.
On a monthly basis, prices rose by 0.5 percent, after a plus of 0.7 percent in February. On an annual basis, producer prices rose by 1.9 percent in March. The forecast was for monthly and annual increases of 0.4 and 1.8 percent, respectively.