UK inflation data unexpectedly fell in Aprildeadheatnamco, CPI annual rate was lower than expected to 2deadheatnamco.3%, with a monthly rate of 0.3%.
UK inflation data exceeded expectations, and both the annual and monthly CPI rates showed an upward trend in April. In terms of annualized rates, CPI increased by 2.3% year-on-year, exceeding market expectations of 2.10%, compared with 3.20% in the previous month. In terms of monthly rates, CPI in April increased by 0.3% month-on-month, also exceeding market expectations of 0.2%, and higher than March's 0.60%.
Market analysts said the data may have an impact on the Bank of England's monetary policy, especially in the current global economic context. As inflation data rises, investors and analysts will be closely watching the central bank's next move.