5/18/2022, 8:00 AM (Source: TeleTrader)
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UK inflation up to 9% in April

The United Kingdom's Consumer Price Index (CPI) increased by 9% in April compared to the same month a year ago, the Office for National Statistics reported on Wednesday. The figure marks an increase from March when annual inflation in the UK stood at 7%.

On a monthly basis, consumer prices were up 2.5% in April, while the Consumer Prices Index including owner occupiers’ housing costs (CPIH) climbed 7.8% year on year and 2.1% compared to the previous month.

The largest upward contributions to the index came from housing and household services and transport.

Baha Breaking News (BBN) / AY