Higher petrol, alcohol and hotel prices pushed up inflation in July Yui Mok/PAThe stock market rebounded from early lows and the pound rallied as inflation figures showed a pick-up in consumer prices last month. After falling as much as 36 points in early trading, London’s leading share index perked up in response to a 0.6 per cent rise in the consumer price index in July. At one stage the FTSE 100 touched a new 14-month high but by mid-morning was trading 8.37 points lower, a fall of 0.1 per cent, at 6,932.82. There was a more robust performance from the FTSE 250 which managed a 33.34 points rise, up 0.19 per cent,…

Source: The Times August 16, 2016 10:52 UTC