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UK inflation was overstated by 0.1 share factors in April owing to an error in tax figures supplied by a authorities division, the Workplace for Nationwide Statistics stated on Thursday.
Annual inflation was 3.4 per cent, in keeping with the corrected knowledge, somewhat than the three.5 per cent initially estimated.
The ONS stated an error had been recognized “in an extract of the licensed autos knowledge supplied . . . by the Division for Transport, used to calculate the April 2025 Automobile Excise Responsibility element of client costs inflation”.
It stated the inaccurate knowledge had overstated the variety of autos topic to VED charges relevant within the first 12 months of registration.
“No different durations are affected . . . The ONS shall be utilizing the accurately weighted knowledge from Could 2025’s figures onwards. The DfT’s revealed official statistics are unaffected,” it added.
The ONS stated the error was remoted to 1 set of information used to calculate the VED index.
“Nonetheless,” it added, “the ONS is reviewing its high quality assurance processes for exterior knowledge sources in gentle of this subject.”
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