The Office of National Statistics (ONS) have released a report saying that rising fuel costs are to blame for inflation running at its highest level since June last year. Average petrol prices rose by 1.3p in January 2008 to 103.9p per litre, compared with a fall of 0.8p in January 2007.

You can read more about inflation on the ONS website, here is the inflation page: http://www.statistics.gov.uk/CCI/nugget.asp?ID=19