Higher inflation blamed on air fares

Friday, 16 May, 2017 0

Higher air fares were the main reason for a rise in inflation last month to 2.7%, which was up from 2.3% the month before.

Flight prices increased in April due to the late Easter, which fell in March in 2016. This mean that in March 2017, air fares were down 4% year on year, which had a steadying effect on inflation.

Rising prices for clothing, vehicle excise duty and electricity also contributed the rise in inflation last month.

However, a fall in oil prices, leading to a drop in petrol and diesel costs, slightly offset this.



 

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Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



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