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Britain's inflation rate steady in November
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21:28, December 18, 2007

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The inflation rate in Britain remained unchanged at 2.1 percent in November, the same as October's figure, despite upward pressure from fuel, National Statistics said Tuesday.

The main upward pressure came from changes in the price of transport fuels, with average petrol prices rising by 3.5 pence (7 U.S. cents) per liter in November to stand at over 1 pound (2 U.S. dollars) per liter, compared with a fall of 0.4 pence (0.8 U.S. cent) per liter last year.

Diesel prices also registered an increase of 5.0 pence (10 U.S. cents) per liter compared with a fall of 0.4 pence (0.8 U.S. cent) last November, and the price of heating oil increased in 2007, which reflects the hike in crude oil prices.

However, there was also a downward impact from gas and electricity bills, which continued to drop after big increases last year.

Source: Xinhua



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