Ireland Inflation Rate Steady at 1.2 Percent in January


Consumer Prices in January, as measured by the CPI, decreased by 0.5 percent in the month. This compares to a decrease of 0.5 percent recorded in January of last year. Prices on average, as measured by the CPI, were 1.2 percent higher in January compared with January 2012.

The most notable changes in the year were increases in Education (+4.7 percent), Alcoholic Beverages & Tobacco (+4.5 percent) and Miscellaneous Goods & Services (+3.6 percent). There were decreases in Communications (-5.7 percent), Furnishings, Household Equipment & Routine Household Maintenance (-3.3 percent) and Clothing & Footwear (-1.2 percent).

The most significant monthly price changes were decreases in Clothing & Footwear (-11.1 percent), Furnishings, Household Equipment & Routine Household Maintenance (-3.1 percent) and Miscellaneous Goods & Services (-1.0 percent). There were increases in Alcoholic Beverages & Tobacco (+5.4 percent) and Health (+1.1 percent).
 

CSO | Nuno Fontes | nuno@tradingeconomics.com
2/21/2013 11:08:50 AM