Mixed reaction over rising inflation rates

PRICE inflation rose by 1% in February pushing the Consumer Price Index (CPI) up to 5.1% for the year.

Mixed reaction over rising inflation rates

The increase brought a mixed reaction from commentators and various employer bodies.

The increase is well up on the 4.8% figure for the 12 months to end January 2003 and forecasters are expecting more of the same in March.

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