Inflation rises for first time in eight months

Inflation rose for the first time since November, with the consumer prices index (CPI) edging up to 2.5%. The CPI rate had been stable at 2.4% for the previous three months, after falling from a recent high of 3.1% last winter. The cost of transport and housing pushed prices up in July, although this was partly offset by reductions in clothing and footwear. Mike Hardie, head of inflation at the Office for National Statistics, said: "Transport tickets and fuel, along with often erratic computer game prices, drove up costs for ... For the full story register now for free or login below...
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