Pump prices rose more in March than in any previous month on record, despite the Chancellor announcing a 5p fuel duty cut in the Spring Statement, new RAC Fuel Watchdata reveals.*

As well as hitting a new record-high price of 167.3p on Tuesday 22 March,...

Published: 2:34 am April 6, 2022

Updated: 6:42 pm March 8, 2026

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As well as hitting a new record-high price of 167.3p on Tuesday 22 March, the average cost of a litre of unleaded petrol went up by a huge 11.62p to end the month at 163.28p per litre – the largest ever increase the RAC has recorded in a single month. The previous biggest monthly increase was in October of last year when petrol prices rose by 7.43p a litre.

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