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21 Jan 2026
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21 Jan 2026
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The rate of inflation increased at its fastest rate on record last month, according to new official figures.
Consumer Prices Index inflation rose to 9% in the year to April, up from an already high 7% in March, the Office for National Statistics said.
It was the fastest measured rate since records began in 1989, and the ONS estimates it was the highest since 1982.
A large portion of the rise was due to the price cap on energy bills, which was hiked by 54% for the average household at the start of April.
Grant Fitzner, chief economist at the ONS, said: “Inflation rose steeply in April, driven by the sharp climb in electricity and gas prices as the higher price cap came into effect.
“Around three-quarters of the increase in the annual rate this month came from utility bills.
“We have also published new modelled historical estimates today which show that CPI annual inflation was last higher 40 years ago.”
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