Rising fuel prices spur inflation in May

Rising fuel prices spur inflation in May
 

Inflation remained at 2.4% in May, according to the Office for National Statistics (ONS), after its fall was halted by a sharp rise fuel costs.
The ONS said that fuel prices increased by the biggest monthly amount since January 2011, rising by 3.8%.
Mike Hardie, head of inflation at the ONS said: "Recent large rises in the cost of crude oil have fed through to prices paid by consumers at the pump."
Inflation has been falling since November last year.
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13 June 2018 in Business, Views: 53
Source: BBC
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