Irish Inflation Rate Rises in March


Irish annual consumer prices rose 0.2 percent in March of 2014, following a 0.1 percent fall in February, mainly due to higher cost of services.

The most notable changes in the year were increases in education (+4.6 percent), miscellaneous goods and services (+4.2 percent), alcoholic beverages and tobacco (+3.5 percent) and restaurants and hotels (+2.0 percent).  

There were decreases in clothing and footwear (-4.2 percent), communications (-3.1 percent), furnishings, household equipment and routine household maintenance (-2.8 percent) and Transport (-2.1 percent).

Consumer Prices in March increased by 0.7 percent in the month. This compares to an increase of 0.4 percent recorded in March of last year. The most significant monthly price changes were increases in clothing and footwear (+3.0 percent), miscellaneous goods and services (+2.3 percent) and transport (+1.2 percent).  There were decreases in food and non-alcoholic beverages (-0.3 percent) and communications (-0.2 percent).

Irish Inflation Rate Rises in March


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
4/10/2014 11:10:38 AM