By Newsbreak Senior Producer Taresh Harreeparshad - Consumers need to be circumspect about big ticket purchases like property and new vehicles: as the Consumer Price Index (CPI) soars to 4%. Last week consumer inflation jumped to its highest since August 2024 - primarily due to a surge in fuel prices. But the Housing and Utilities CPI remained the biggest single contributor to the April CPI inflation rate. Economist John Loos says it would be best to hold-off on those non-essential purchases in the current...

<p>By Newsbreak Senior Producer Taresh Harreeparshad - Consumers need to be circumspect about big ticket purchases like property and new vehicles: as the Consumer Price Index (CPI) soars to 4%. Last week consumer inflation jumped to its highest since August 2024 - primarily due to a surge in fuel prices. But the Housing and Utilities CPI remained the biggest single contributor to the April CPI inflation rate. Economist John Loos says it would be best to hold-off on those non-essential purchases in the current...</p>

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