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U.K. Inflation Doubles as Post-Lockdown Spending Splurge Starts

  • Natural gas and electricity prices jumped in the month
  • Producer input prices also surged at the most since 2017
London's Shopping District Ahead Of Retail Figures Release
Photographer: Hollie Adams/Bloomberg
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Britain’s inflation rate doubled in April, marking the beginning of a surge in prices that will fuel speculation about when the Bank of England could start taking its foot off the stimulus pedal.