Irish Inflation Rate Slows in December


In December of 2013, Ireland’s annual inflation rate decelerated to 0.2 percent from 0.3 percent in November. On a monthly basis, the CPI was flat.

The most notable changes in the year were increases in alcoholic beverages and tobacco (+5.7 percent), education (+4.5 percent) and restaurants and hotels (+2.8 percent). There were decreases in clothing and footwear (-4.0 percent), furnishings, household equipment and routine household maintenance (-3.7 percent), communications (-2.4 percent), transport (-1.1 percent) and food and non-alcoholic beverages (-1.1 percent). 

Consumer Prices in December, as measured by the CPI, remained unchanged during the month. This compares to an increase of 0.1 percent recorded in December of last year. The most significant monthly price changes were increases in transport (+0.6 percent) and health (+0.6 percent). There were decreases in alcoholic beverages and tobacco (-0.7 percent) and clothing and footwear (-0.7 percent).

The harmonized index rose 0.4 percent on the year and increased by 0.1 percent in the month.

Irish Inflation Rate Slows in December


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
1/16/2014 11:30:52 AM