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UK inflation surges to hotter-than-expected 3.5% in April

  • The UK's annual inflation rate rose to 3.5% in the year to April 2025, according to the Office for National Statistics.
  • This increase followed higher energy and household bills, combined with recent tax and minimum wage rises introduced by the Labour government elected in July 2024.
  • Core inflation, excluding energy and food, rose by 3.8% in the 12 months to April, while economists expect inflation to remain above the Bank of England’s 2% target for months.
  • Finance Minister Rachel Reeves expressed her frustration with the latest data, acknowledging that rising expenses continue to place a heavy burden on employees, while some economists believe interest rate reductions could still happen later this year despite the recent increase.
  • The inflation surge indicates continuing price pressures that could delay significant interest rate reductions, affecting borrowing costs and savings in the near term.
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elucid.media broke the news in on Monday, May 19, 2025.
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