Irish Inflation Rate Up to 0.3% in November


In November of 2013, Ireland's annual inflation rate increased marginally to 0.3 percent, from 0.1 percent in October, due to higher cost of education and restaurants and hotels.

The most notable changes in the year were increases in alcoholic beverages and tobacco (+6.2 percent), education (+4.5 percent) and restaurants and hotels (+3.1 percent). There were decreases in clothing and footwear (-4.6 percent), furnishings, household equipment and routine household maintenance (-4.2 percent), communications (-3.1 percent) and Transport (-1.7 percent).

Consumer prices in November, as measured by the CPI, decreased by 0.2 percent in the month. This compares to a decrease of 0.4 percent recorded in November of last year. The most significant monthly price changes were decreases in transport (-1.4 percent) and health (-0.8 percent). There were increases in restaurants and hotels (+0.6 percent) and alcoholic beverages and tobacco (+0.4 percent).

Irish Inflation Rate Up to 0.3% in November


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
12/12/2013 11:22:07 AM