UK inflation rises to its highest in over a year after domestic bills spike

UK Inflation Rises to Its Highest Level Since January 2024 After Domestic Bills Spike

LONDON (AP) — Inflation in the U.K. spiked to its highest level for more than a year in April amid a raft of higher domestic bills, such as energy and water, official figures showed Wednesday. The Office for National Statistics said that its key measure of inflation, as measured by the consumer prices index, rose […]

UK inflation rises to its highest in over a year after domestic bills spike

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British inflation jumps after domestic bills spike

The UK has suffered a bigger-than-expected inflation surge, which could rein in expectations of further interest rate cuts.

UK inflation jumps to highest level in over a year

The increase was driven by sharp rises in energy and water bills last month.

Inflation soars to highest for more than a year on awful April bill increases - Banbury FM

UK inflation surged to its highest level for more than a year last month after households were hit by a raft of “awful April” bill increases, official figures have revealed. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation hit 3.5% in April, up from 2.6% in March and the highest since January 2024. The steep rise in inflation was also the largest since October 2022, at the height of the energy crisis. Economist…

UK inflation rises to its highest in over a year after domestic bills spike - Regional Media News

LONDON (AP) — Inflation in the U.K. spiked to its highest level for more than a year in April amid a raft of higher domestic bills, such as energy and water, official figures showed Wednesday. The Office for National Statistics said that its key measure of inflation, as measured by the consumer prices index, rose by 3.5% in the year to April, up from 2.6% in March. April’s rate was the highest since January 2024 and above expectations for a more…