U.K.'s annual CPI for March climbed to 3.4% from 3.0%, above estimates of 3.1% while the monthly reading rose to 0.6% from 0.4% and 0.3% expectations. Annual Core CPI inclined to 3.0% from 2.9% and 2.8% forecasted.

RPI surged to 4.4% from 3.7%, whereas the monthly reading edged up to 0.7% from 0.6%. Analysts expected 4.2% and 0.4% on the year and on the month respectively. The annual reading excluding mortgage interest payments soared to 4.8% from 4.2% and median estimates of 4.5%.