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The increase will add £48 to the average dual fuel bill, and will take effect on 18 January.

Customers who only have an electricity account with E.On will see prices rise by an average of 3.7%, or £20 a year.

"Simply relying on the recent levy changes is not going far enough," she said.

U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low.

The Fed targets 2 per cent inflation and it tracks an index that is running even lower than the CPI. The rise last month could ease concerns among some policymakers about inflation being too low.

Economists polled by Reuters had expected a 0.1 per cent rise last month. In the 12 months through March, consumer prices increased 1.5 per cent after rising 1.1 per cent over the 12 months through February.

Food and housing costs rose sharply in March, but overall inflation remained low, the U.S. Bureau of Labor Statistics reported Tuesday.

The federal government's consumer price index rose 0.2% in March, a measurement that shows average price changes in goods and services purchased by Americans. In the last 12 months, overall core inflation -- excluding the volatile food and energy indexes -- rose 1.7%.

Recent drought and other extreme weather patterns have driven up the price of beef to all-time highs and that was reflected in the government's food index, which rose 0.4% in March, following an identical increase the month before. 

core consumer prices posted their biggest rise in nearly five years, unemployment fell to its lowest since late 2008, factory output rose and is expected to rise further, and workers' incomes rose.

The core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, was down 0.1 percent in the year to July, a slower pace of decline than June's 0.2 percent fall.

Household spending edged up in the year to July as the feel-good sentiment prompted consumers to eat out more and spend more on travel and leisure.

Cutting CAS and implementing tax exemption for reinvested profits measures possible to achieve

Prime Minister Victor Ponta on Monday told the plenary session of the Deputies Chamber that the cutting of the contributions to social security (CAS) by 5 per cent, the same as the introduction of the tax exemption for the reinvested profits are both projects that are 'reasonable" enough and 'possible to achieve.'

I believe that with competitive tariffs for energy and an adequate fiscal-budgetary policy, to combine cuttings with a corresponding financial-budgetary discipline, we will succeed in maintaining the economic stability of Romania, in 2015 and 2016 as well," Ponta said.