Oil pushes up inflation
The continuing high price of petrol has pushed inflation higher. The Consumer Prices Index (CPI), which excludes housing costs, rose from 2.4% in August to 2.5% in September. It is the third month in a row that inflation has been above the government's target of 2%. However, inflation under the Retail Prices Index (RPI) fell for the second month in a row to 2.7% in September from 2.8% the previous month.