» UK: Late Easter boosts CPI inflation. Decision Economics

UK: Late Easter boosts CPI inflation.

Posted May 17, 2011 by Editor

[private][private]Overshooting expectations, April consumer price inflation more than unwound the surprise fall seen in the previous month, rising 0.5 percentage points to 4.5% Y/Y, a 26-month high. Prices were up 1.0% in M/M terms, a record for any April, reflecting widespread gains, particularly in regard to transport, alcohol/tobacco and some services costs.
United Kingdom May 17[/private][/private]