UK Inflation Rate (CPI) 17 May 2016
UK Inflation Rate (CPI) 17 May 2016: 0.3% for April 2016, below the 0.5% forecast and down from 0.5% in March 2016. 3 of the last 12 releases came in below the forecast. Printed 0.3%, below the 2% target. It was released on Tue 17 May 2016 at 08:30 UTC.
These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.
What a print like this usually does
Below the forecast: A clear miss or move closer to target can weaken sterling if traders expect earlier or faster rate cuts.

Cite this release
If you cite this release, please link to this page:
UK Inflation Rate (CPI) 17 May 2016: 0.3% vs 0.5% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2016-05-17