FXstreet.com (Barcelona) - Petrol prices have fuelled UK consumer inflation in January, together with food prices, which have pushed yearly CPI somewhat above the Bank of England's upper limit for price stability, according to the latest figures by national Statistics.

Consumer inflation has increased 2.2% in January from the same month last year, while it fell 0.7% on the month. The year-on-year increase has been influenced, mainly, by the rise on fuel prices, excluding food and energy, CPI has risen 1.3% on the year.

Retail prices have risen 4.1% ion the year in January, up from a 4.0% increase posted in December, influenced by the same factors than the CPI.