UK inflation hits 40-year high in April
The Consumer Prices Index (CPI) rose by 9.0% in the 12 months to April 2022, up from 7.0% in March, The Office for National Statistics said on Wednesday.
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The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 7.8% in the 12 months to April 2022, up from 6.2% in March, according to the office.
The largest upward contributions to the annual CPIH inflation rate in April 2022 came from housing and household services (2.76 percentage points, principally from electricity, gas and other fuels, and owner occupiers' housing costs) and transport (1.47 percentage points, principally from motor fuels and second-hand cars).
On a monthly basis, CPIH rose by 2.1% in April 2022, compared with a rise of 0.7% in April 2021.
The largest upward contributions to the change in the CPIH 12-month inflation rate between March and April 2022 came from housing and household services (1.27 percentage points), restaurants and hotels (0.11 percentage points), and recreation and culture (0.10 percentage points), with the largest partially offsetting downward contribution from clothing and footwear (0.09 percentage points)
The Consumer Prices Index (CPI) rose by 9.0% in the 12 months to April 2022, up from 7.0% in March.
On a monthly basis, CPI rose by 2.5% in April 2022, compared with a rise of 0.6% in April 2021. (ILKHA)
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