UK CPI at -0.1% in April

The UK consumer price inflation (CPI) fell to -0.1% in April compared to no change in March. 

The other key points of the report include:

• This is the first time the CPI has fallen over the year since official records began in 1996 and the first time since 1960 based on comparable historic estimates.
• The largest downward contribution came from transport services - notably air and sea fares, with the timing of Easter this year a likely factor.
• CPIH (not a National Statistic) grew by 0.2% in the year to April 2015, down from 0.3% in March 2015.

The inflation report is provided by the Office for National Statistics.