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5/19, 8:00 AM (Source: TeleTrader)
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UK consumer prices up 1.5% in April

The yearly inflation in the United Kingdom was 1.5% in April, the Office for National Statistics reported on Wednesday. On a monthly basis, consumer prices were up 0.6%.

The Consumer Prices Index including owner occupiers' housing costs (CPIH) annually rose by 1.6%, with housing and household services and transport contributing the most to the increase. On a monthly basis, the Consumer Price Index went up by 0.3%, while the CPIH grew by 0.2%.

At the same time, the Producer Price Output Index grew 3.9%, while the input indicator jumped 9.9%, the highest it has been since the beginning of 2017.

Breaking the News / MD