UK inflation climbs to 4.5%

Close up of Bank Of England facade with the statue of Duke of Wellington Statue created by Francis Chantrey City of London England

Annual CPI inflation in the United Kingdom rose to 4.5% in April, from 4% in March, according to data from the Office for National Statistics (ONS), published on Tuesday.

The ONS said higher air transport, alcohol, tobacco and gas prices were the most significant drivers behind the 0.5 percentage point rise in inflation during April. It said the timing of the Easter holidays, in particular, had a significant impact on travel costs with air fares rising by 29% and sea fares up by 22.3%.

The rise

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