Today, inflation's come down more than expected.

On the morning of this PMQs (20 May 2026) the ONS published April 2026 CPI: 2.8%, down from 3.3% in March. The fall exceeded forecasts: markets had predicted a drop to around 3.0%, and coverage of the release notes inflation 'slowed by much more than many had predicted', driven by the new energy price cap from 1 April 2026.

▸ Office for National Statistics — Consumer price inflation, UK: April 2026 ▸ Moneyfacts — Slight Reprieve as Inflation Slows to 2.8% in April

Checked Wed 1 Jul, 09:59 · Broadcast: PMQs: Prime Minister's Questions - 20 May 2026

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