Irish inflation

Irish inflation

06/07/2018
Irish Consumer Prices Rose 0.4 percent in May 2018
Adrian Adrian

Irish consumer prices rose 0.4 percent year on year in May 2018, missing market expectations of 0.6% but moving into positive territory, up from -0.4% in April.    Housing and utilities (Up to 5.8% from 4.8% in April) and restaurants and hotels ( up 2.4% from 2.2% in April) being the biggest contirbutors with higher rents, home heating, alcohol and accomodation being the main reasons.  Transport costs also rose moving back into positive numbers after being down -4% previously.

Goods and services, appliances, personal care products, food and non-alcoholic drinks declined further, holding inflation back slightly. 

On a month on month basis prices increased by a fairly high 0.6% in may, up from -0.2%.  The increase of 1.9% in transportation costs was the most significant factor.


  • VIA
  • Adrian
  • SOURCE
  • Central Statistics Office Ireland


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