Business · Economy · 19 hrs ago

Inflation stays at 4.9% as fuel costs push prices higher

Inflation stays at 4.9% as fuel costs push prices higher

Inflation stayed at 4.9%, rather than easing.

The consumer price index, or CPI, is the measure used to report that rate.

Higher fuel costs are helping keep inflation up.

Rising gas prices and more expensive holiday packages are also cited as reasons prices have not eased.

The figures do not identify a country or say how long these pressures will last.

No next steps or forecast are given.

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