Soaring fuel prices drive up inflation

SOARING fuel prices have added to the cost of living, with inflation rising to by 0.3% to 2.4% in July.

New figures from the Central Statistics Office (CSO) show the cost of petrol, diesel and home heating oil have all increased in the past 12 months.

The cost of petrol is 27% higher than a year ago, diesel 15.2% higher and electricity is up by 13.5%.