Oil Price Rise Fuels Inflation

The JournalAugust 17, 2005

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Summary


Soaring oil prices last month made inflation rise at its fastest rate in eight years.

The Consumer Prices Index (CPI) moved up to 2.3% from 2% the previous month ( the highest since records began in January 1997.

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Extract


Oil Price Rise Fuels Inflation

Durable group

CARPETRIGHT reported a steep fall in sales but said it was coping ...

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