UK's annual consumer inflation rises by 9% in April

ANKARA  -- The United Kingdom's annual consumer inflation rose by 9 percent in April, compared to the same month of last year, marking its largest annual gain in 25 years, according to official data released on Wednesday.
 
"The Consumer Prices Index (CPI) rose by 9.0 percent in the 12 months to April 2022, up from 7.0 percent in March," the Office for National Statistics (ONS) said in a statement.
 
"This is the highest CPI 12-month inflation rate in the National Statistics series, which began in January 1997," it added.
 
The market expectation for the index was to come at 9.1 percent in April.
 
Energy played a significant role in inflation reaching a record high level.
 
Energy prices jumped by 46.5 percent in April, compared to an 8.3-percent increase last year, the ONS said.
 
While electricity rates soared 40.5 percent last month, the price of gas rose 66.8 percent, on an annual basis. (Anadolu)
 
 

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