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Inflation rockets to 1.5% as clothing chains and energy firms hike prices post lockdown

Grant Fitzner Britain pandemic country Bill and

19.05.2021 - 10:09

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Britain's rate of inflation more than doubled in April as energy prices soared and clothing retailers hiked their prices, according to official figures.

The Office for National Statistics (ONS) said Consumer Price Index inflation jumped from 0.7% in March to 1.5% in April - the highest level since March last year.

The surge in the cost of living came as gas and electricity prices rose sharply, as the default tariff cap was increased recently compared with a cut a year earlier.

Clothes shops also increased their prices last month as non-essential retail reopened on April 12, while rising oil prices saw motor fuel inflation rise at its fastest pace for more than four years.

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