Inflation Rate At 5.8%

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An increase in several food items for the month of September 2023, was shown in the release of the index of retail prices. According to the Central Statistical Office, the... Read more

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An increase in several food items for the month of September 2023, was shown in the release of the index of retail prices. According to the Central Statistical Office, the Index for Food and Non-Alcoholic Beverages increased from 147.0 in August 2023 to 148.2 in September 2023, reflecting an increase of 0.8%. The increase was mainly shown in items such as Irish potatoes, chilled or frozen beef, fresh beef, and chilled or frozen chicken. However, despite several increases, the data displays that there has been a decrease in the prices of pumpkin, fresh whole chicken, table margarine, parboiled rice, white flour, oranges, tomatoes, grapes, eddoes and fresh steak, bringing the inflation rate to 5.8%. A further review of the data compared with August 2023 reflected an increase in the sub-index for Alcoholic Beverages and Tobacco of 0.3%.

Inflation Rate At 5.8%

Inflation Rate At 5.8%

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