Consumer prices in the UK rose in April by 0.4% compared to March, when growth was 0.1%. In annual terms, inflation slowed to 2.4% from 2.5%, according to the Office for National Statistics. Analysts had predicted the growth of the first indicator by 0.5%, the second one - by 2.5%. The annual inflation in April became minimal for the last 13 months, because of a decrease in the cost of air tickets, since Easter this year was in March. In monthly terms, food and non-alcoholic beverages fell 0.2%. Prices for clothing and footwear increased by 0.4%, for alcohol and tobacco products - by 0.8%, for transport services - by 1%. A record increase during the settlement period was an increase in the cost of non-alcoholic beverages by 2.8% due to the introduction of a tax on high sugar content in soda.
Gold prices move closer to $1,800 as COVID-19 cases surpasses 10 million worldwide29.06.2020
Japan retail sales slump as pandemic curbs consumer spending26.06.2020
Oil prices climb in light of demand recovery optimism despite coronavirus fears24.06.2020
Gold prices soar amid surge in COVID-19 cases