by Simon Kent
Breitbart.com
Britain’s annual inflation rate charged upwards in April led by household energy and water bills, official data showed on Wednesday.
The Consumer Prices Index soared to 3.5 percent last month, up from 2.6 percent in March, the Office for National Statistics (ONS) said in a statement. Analysts’ consensus forecast had been for a jump to 3.3 percent.
At 3.5 percent, the headline rate was the highest since the beginning of 2024, the ONS noted.
Finance Minister Rachel Reeves expressed surprise in the numbers though a statement, saying “I am disappointed with these figures because I know cost of living pressures are still weighing down on working people.”