Fuel prices push UK inflation to six-month high!
UK inflation in January rose to a six-month high as petrol and house prices rose, official figures show.
The Consumer Prices Index (CPI) stood at 1.8% last month, up from 1.3% in December, the Office for National Statistics said .
"The rise in inflation is largely the result of higher prices at the pump and airfares falling by less than a year ago," the ONS said.
The rise is ahead of economists' CPI forecast of 1.6% in January.
CPI remains below the Bank of England's 2% target for inflation. Wednesday's inflation data pushed the value of the pound above $1.30. Versus the euro, the pound had started the day down 0.25% but rose back to trade flat against the single currency.
— Read on www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/business-51557550