Inflation rate increases to 2.7%

HIGHER education, health and fuel bills have pushed up the cost of living, with inflation rising in October.

The Central Statistics Office said yesterday that prices were 0.1% higher in October than September, with large increases in the costs of electricity, gas and oil recorded in the month.

The annual rate of inflation, which had fallen to 1.4% earlier this year, stands at 2.7%.

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