Mortgage interest, airfares and petrol prices soar

MORTGAGE interest payments, air fares and petrol prices all soared in the last year as prices nudged up 0.5%.

According to the latest inflation figures, although the cost of living was down by 0.1% on a monthly basis last month, prices are up 0.5% in the year to the end of September.

August saw the first annual increase in inflation since December 2008.