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...

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Elliot Gulliver-Needham
Author spotlight

Elliot Gulliver-Needham

Senior Reporter at Investment Week

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