Inflation to soar above 3% - and could stay there for a year

Inflation to soar above 3% - and could stay there for a year

Inflation is set to rise well above 3 per cent when the latest reading is unveiled this week by the Office for National Statistics (ONS) – and experts think it could stay there until next April.The consumer prices index (CPI) figure, published on Wednesday, will cover the year leading up to April.Economists expect it to jump significantly from March’s figure – 2.6 per cent – because significant increases to energy bills occurred at the start of …