Irish Prices Fell by 0.6% in March


Consumer prices in Ireland decreased 0.6 percent on the year in March, the fourth consecutive month of decline, driven by lower fuel and food cost.

Year-on-year, the most notable changes were decreases in transport prices (-4.9 percent), clothing and footwear (-4.1 percent), food and non-alcoholic beverages (-2.7 percent) and furnishings, household equipment and routine household maintenance (-2.7 percent). 

There were increases in education cost (+4.9 percent), housing, water, electricity, gas and other fuels (+1.8 percent), restaurants and hotels (+1.3 percent) and alcoholic beverages and tobacco (+1.0 percent).

On a monthly basis, consumer prices rose 0.6 percent, the same as in February. The most significant price changes were increases in transport (3.4 percent) and clothing and footwear (1.7 percent) while prices of food and non-alcoholic beverages (-0.1 percent) and health (-0.1 percent) decreased. 

Irish Prices Fell by 0.6% in March


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
4/9/2015 1:20:36 PM