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UK inflation rose 1.5% in April compared to a year earlier as economy reopened and energy and clothing prices climbed, official figures showed Wednesday, an increase that was in line with economists’ expectations.

The rise in the headline consumer price index inflation rate was up sharply up from 0.7% in March. When looked at month-on-month, CPI inflation rose 0.6% in April compared to 0.3% in March, the Office for National Statistics said.

However, ONS chief economist Grant Fitzner said so-called base effects were a key driver of the headline rate.

“Inflation rose in April, mainly due to details ⇒

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