Ed Davey on inflation, PMQs 22 April 2026

The statement

President Trump’s idiotic war with Iran has already pushed up inflation in our country to 3.3%, and the Prime Minister knows there is far worse to come for the British people from here on in.

Ed Davey, 22 April 2026. Source

What the sources report

• Office for National Statistics, series D7G7 (CPI ANNUAL RATE 00: ALL ITEMS 2015=100), release of 2026-09-15 reports CPI annual rate (March 2026): 3.3%^src
• Office for National Statistics, series D7G7 (CPI ANNUAL RATE 00: ALL ITEMS 2015=100), release of 2026-09-15 reports CPI annual rate (February 2026): 3%^src
• Office for National Statistics, series D7G7 reports CPI annual rate (August 2026, latest): 3.5%^src

Notes

The ONS reports CPI inflation of 3.3% in March 2026, published on 22 April 2026, up from 3.0% in February 2026.

The ONS does not attribute changes in inflation to individual events; its bulletin lists the categories that contributed to the change.

The latest figure is 3.1% for August 2026.