UK inflation exceeded forecasts in April, driven by utility bills and travel. Learn how this impacts BoE policies, markets, and your investments.

Britain suffered a bigger-than-expected inflation surge in April, including in areas watched closely by the Bank of England which investors now believe will have to slow its already gradual pace of interest rate cuts.

Headline, core and services price measures all came in well above expectations, but will not necessarily derail further cuts

U.S. CPI readings for April were a touch lighter than forecasted, with U.S. headline CPI up +0.2% month-over-month (MoM) and up +2.3% year-over-year (YoY).

The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.

South Africa’s consumer inflation came in slightly higher than anticipated in April, rising to 2.8% from 2.7% in March, according to data released by

Inflation in the U.K. spiked to its highest level for more than a year in April amid higher domestic bills such as energy and water

The headline rate of UK inflation jumped by more than expected to 3.5% in April, this morning's ONS report shows