Irish Inflation Rate Stable in January


In January of 2014, Irish consumer prices remained steady at an annual rate of 0.2 percent. From December to January, the CPI decreased by 0.5 percent. This compares to a decrease of 0.5 percent recorded in January of last year.

The most notable changes in the year were increases in education (+4.6 percent), alcoholic beverages and tobacco (+4.3 percent) and miscellaneous goods and services (+2.8 percent). There were decreases in prices of furnishings, household equipment and routine household maintenance (-3.3 percent), communications (-2.4 percent), clothing and footwear (-2.3 percent) and transport (-2.1 percent).

On a monthly basis, the most significant price changes were decreases in clothing and footwear (-9.5 percent) and furnishings, household equipment and routine household maintenance (-2.7 percent).  There were increases in alcoholic beverages and tobacco (+3.9 percent) and miscellaneous goods and services (+1.2 percent).

The harmonized index rose 0.3 percent on the year and fell 0.6 percent in the month.

Irish Inflation Rate Stable in January


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
2/20/2014 11:23:17 AM