United Kingdom Inflation April 2016

United Kingdom

United Kingdom: Inflation decreases in April

May 17, 2016

In April, consumer prices increased 0.1% over the previous month, below the 0.4% increase seen in March, which had marked the highest reading since August 2014. The figure reflected higher prices for alcohol and tobacco.

Inflation was 0.3% in April, which came in below March’s 0.5%, which had recorded the highest reading in over a year. The figure was down from the 0.5% expected by the markets. Finally, annual average inflation in April was stable at March’s 0.1%.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.1% in 2016, which is down 0.1 percentage points from last month’s forecast. For 2017, the panel forecasts that inflation will average 1.3%.

Author:, Senior Economist

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United Kingdom Inflation Chart

United Kingdom Inflation April 2016

Note: Annual and monthly variation of consumer price index in %.
Source: Office for National Statistics (ONS) and FocusEconomics calculations.

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