INFLATION RATE

Annual rate of inflation decrease to 7.7%; CSO

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

Inflation rates higher in June for lower-income households, CSO

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