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IoD warns of fuel prices hampering further inflation fall

19th September 2012

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John Rider

John Rider

RISING fuel prices are hampering efforts to keep inflation low, the Institute of Directors’ West Midlands regional chairman has said.John Rider said it was time the whole price setting formula for fuel was reviewed so that people felt confident they were not being “exploited” or “cheated”.His comments came as inflation returned to its downward trend upward blip in July.Latest figures from the Office for National Statistics showed the headline CPI fell 0.1% in August to 2.5%. The IoD said the fall was g......for the full story register now for free or login below...


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