Fuel prices push up inflation marginally

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After an eight-months streak of decline, annual inflation is starting to stabilise as the effects of fuel price increases level off.

For the month of August, the Central Statistics Office (CSO) reported this week, annual inflation increased by a marginal 0.1 percentage points to 6.1 percent from 6 percent in July.

In a statement, the CSO attributed the slight change to the Transport index, which was the only group index to record a change of more than 1 percent. It increased by 1.8 percent between July and August largely due to the constituent section index of Operation of Personal Transport, which rose 3.3 percent.

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