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The National Statistics Office said on Thursday that the UK inflation was exaggerated at 0.1 percentage points in April due to an error in tax figures provided by the Government Bureau.
According to revised data, the annual inflation rate was 3.4%, rather than the initial estimated 3.5%.
ONS said the error was identified “in an extract of approved vehicle data provided by the Transportation Department, which is used to calculate the vehicle excise tax component for April 2025 of consumer price inflation.”
The incorrect data said it exaggerates the number of vehicles eligible for the VED rate applied in the first year of registration.
“The other periods will not be affected.
ONS said the error was separated into one set of data used to calculate the VED index.
“However, ONS is checking the quality assurance process for external data sources in light of this issue.”
This is a developing story