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UK inflation rate rises to 4.5% in April

By rotide
Created 17/05/2011 - 10:35
The UK Consumer Prices Index (CPI) annual rate of inflation rose to 4.5% in April, up from 4% in March.

The rise was due to a jump in transport costs, particularly air and sea fares, and alcohol and tobacco.

However, the Retail Prices Index (RPI) measure of inflation - which includes mortgage interest payments - fell slightly to 5.2% from 5.3% in March.

The rise in CPI was bigger than analysts had forecast and follows a surprise fall in the index last month.

Source URL:
https://www.newbusiness.co.uk/news/uk-inflation-rate-rises-45-april