Irish Inflation Rate Unchanged at 0.2% in September


In September, Ireland's consumer prices were 0.2 percent higher compared with September of 2012. The inflation is unchanged from the previous month and is down from 1.6 percent in September of 2012. The annual slowdown is due to lower communications and clothing prices.

The most notable changes in the year were increases in alcoholic beverages and tobacco (+4.8 percent) and education (+4.8 percent). There were decreases in communications (-4.5 percent), clothing and footwear (-4.1 percent), furnishings, household equipment and routine household maintenance (-3.9 percent) and transport (-2.7 percent).

The annual rate of inflation for services was 2.0 percent in the year to September, while goods decreased by 1.9 percent. Services, excluding mortgage interest repayments, increased by 2.6 percent in the year since September 2012.

Consumer prices in September, as measured by the CPI, decreased by 0.1 percent month on month. A decrease of 0.1 percent was also recorded in September of last year.


Irish Inflation Rate Unchanged at 0.2% in September


CSO | Nuno Fontes | nuno@tradingeconomics.com
10/10/2013 11:13:09 AM