FX & CFD trading involves significant risk
The Office for National Statistics (ONS) released the inflation figures. On a yearly basis, the U.K. consumer price index increased 1.8% in April, from a 1.6% rise in March. Analysts had forecasted a 1.7% gain. On a monthly basis, the U.K. consumer price index climbed 0.4% in April, from a 0.2% rise in March. Analysts had forecasted a 0.3% increase.
The raise of the consumer price index was driven by the by transport and motoring costs.
The published consumer price index showed that the growth of the inflation is faster than the growth of wages. U.K. wages including bonuses increased 1.7% in March.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.