UK inflation accelerates to 2.1% in April

Wednesday, 22. May 2019 10:31

Consumer prices in the United Kingdom increased by 2.1% in April compared the same month a year ago, the Office for National Statistics reported on Wednesday. The annual rate in April accelerated compared to 1.9% recorded in March. Including owner occupiers’ housing costs (CPIH), the consumer price index 12-month rate came in at 2%, up from 1.8% registered a month before.

The largest upward contribution to the increase in consumer prices between March and April came from energy prices and airfares, which were influenced by the timing of the Easter holidays. At the same time, a range of recreational and cultural items including computer games and package holidays provided the largest negative contribution to the consumer prices index.

Related Links: 
Author:
Breaking the News / FH