U.K. CPI for April climbed to 3.7% annually from 3.4% in March and median estimates of 3.5%, while on the month the reading came in line with the previous at 0.6%, above forecasts of 0.4%. Annual Core CPI jumped to 3.1% from 3.0% prior and 2.9% projected.

Moreover, RPI rose to 5.3% from 4.4% on the year and 1.0% from 0.7% on the month, exceeding estimates of 4.9% and 0.5% respectively. RPI excluding mortgage and interest payments surged to 5.4% relative the preceding 4.8% and the forecasted 4.9%.