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UK inflation jumped 1.5% in April as the economy reopened and Brits boosted their spending

May 19, 2021

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UK inflation more than doubled in April as the economy reopened and energy and clothing prices climbed sharply, official figures showed Wednesday, rising at its fastest pace in more than a year.

Headline consumer price index inflation rose 1.5% in April year on year, following a 0.7% increase in March. Month-on-month, CPI inflation rose 0.6% in April compared to 0.3% in March, the Office for National Statistics said.

Core inflation, which excludes food and energy prices, rose 1.3% in April compared to a year earlier. That was in line with expectations and followed a 1.1% rise in March.

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