May 18 (Bloomberg) -- U.K. inflation accelerated more than economists forecast in April to the fastest pace since 2008, enough to prompt a public letter of explanation from Bank of England Governor Mervyn King.
Consumer prices rose 3.7 percent from a year earlier, compared with a 3.4 percent increase in March, the Office for National Statistics said today in London. Economists forecast a 3.5 percent rate, according to the median of 27 predictions in a Bloomberg News survey.