UK inflation drops to 8.7% in April

The lowest rate since August 2022

Elliot Gulliver-Needham
clock • 2 min read
UK inflation drops to 8.7% in April

The UK inflation rate fell from 10.1% in March to 8.7% in April, driven by a drop in energy and gas prices.

However, core Consumer Prices Index (CPI), which excludes energy and food prices, rose from 6.2% to 6.8% last month, reaching the highest level in 30 years. After April 2022 saw energy prices s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Trustee Focus: Registration opens!

Professional Trustee Focus: Registration opens!

Half-day conference will be held in London on Thursday 15 May

Professional Pensions
clock 12 February 2025 • 1 min read
Annuity sales soar to £7bn

Annuity sales soar to £7bn

More joint life and inflation-linked policies purchased

Jenna Brown
clock 12 February 2025 • 3 min read
Industry says clearer definitions needed ahead of DC consolidation

Industry says clearer definitions needed ahead of DC consolidation

A panel of experts look at the benefits and drawbacks of DC consolidation

Holly Roach
clock 12 February 2025 • 5 min read
Trustpilot