The inflation rate in the country rose modestly by 0.7 per cent in the 12 months to October 2024, according to the latest data from the Central Statistics Office (CSO). Energy prices saw a marked decline over the past year, providing some relief for consumers. Electricity prices fell by 16 per cent, while gas and … Read more
An initial estimate by the Central Statistics Office indicated that the annual rate of inflation slowed to 7.7% in January. When compared to December, the annual rate was 8.2%. The Harmonised Index of Consumer Prices (HICP), which enables comparisons across the EU, serves as a measure of inflation. The estimate of inflation for all EU … Read more
According to the Central Statistics Office, (CSO) lower-income households in June saw inflation rates of up to 10.3% compared to highest income households’ 8.2%. The CSO has published an update to its first research paper on inflation broken down by various household characteristics up to June 2022. Commenting on the research report, Joseph Keating, … Read more