Forex Fundamentals
UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 16 May 2017

UK Inflation Rate (CPI) 16 May 2017: 2.7% for April 2017, above the 2.6% forecast and up from 2.3% in March 2017. It is the highest of the last 12 releases. 7 of the last 12 releases came in above the forecast. Printed 2.7%, above the 2% target. It was released on Tue 16 May 2017 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.

Actual
2.7%
April 2017
Forecast
2.6%
The market consensus
Previous
2.3%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, especially if inflation remains well above 2% or services prices are firm, can strengthen sterling as markets price a tighter BoE path.

UK Inflation Rate (CPI) 16 May 2017: 2.7% for April 2017 against a 2.6% forecast, with the last 12 releases
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UK Inflation Rate (CPI) 16 May 2017: 2.7% vs 2.6% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2017-05-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 May 2017Apr2.7%2.6%2.3%
11 Apr 2017Mar2.3%2.3%2.3%
21 Mar 2017Feb2.3%2.1%1.8%
14 Feb 2017Jan1.8%1.9%1.6%
17 Jan 2017Dec1.6%1.4%1.2%
13 Dec 2016Nov1.2%1.1%0.9%
15 Nov 2016Oct0.9%1.1%1%
18 Oct 2016Sep1%0.9%0.6%
13 Sep 2016Aug0.6%0.7%0.6%
16 Aug 2016Jul0.6%0.5%0.5%
19 Jul 2016Jun0.5%0.4%0.3%
14 Jun 2016May0.3%0.4%0.3%
The release before:UK Inflation Rate (CPI) 11 April 2017The release after:UK Inflation Rate (CPI) 13 June 2017UK Inflation Rate (CPI): every recent resultThis week’s economic calendar