Inflation, as measured by Consumer price index, rose to 4.6% in November, up from 4.4% in October.

However this is still below the 5.0% September figure, which was a five year high.

Transport remains the largest single contributor to inflation, showing a 1.8% increase in the overall 12 month rate. This is followed by housing, water, electricity, has and other fuels which caused a 1% increase.

Within transport, air travel experienced the biggest increase, up 72.3% over the year, followed by petrol and oil (24.5%). Within housing, water, electricity, gas and other fuels, oil and other fuels experienced the biggest increase in prices (63.4%) compared to last year.

Leave a Reply

Your email address will not be published.