LONDON: Britain’s annual inflation rate soared to the highest level in three decades last month as energy prices rocket, official data showed Wednesday, worsening a cost-of-living crisis.Inflation surged to 7.0 percent in March from 6.2 percent in February, the Office for National Statistics said in a statement.“Broad-based price rises saw annual inflation increase sharply again in March,“ said ONS chief economist Grant Fitzner.“Amongst the largest increases were petrol costs.”Prices of restaurant meals and hotel rooms also rose steeply last month after falling a year earlier during a pandemic lockdown in the UK.Costs are surging worldwide as economies reopen from pandemic lockdowns and on f
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