Ireland: Harmonized inflation increases in September
Harmonized inflation edged up to 5.0% in September from August’s 4.9%. The slowdown was largely driven by a slower increase in prices for food and non-alcoholic beverages. Moreover, prices for recreation grew at a more subdued pace.
The trend pointed down, with annual average harmonized inflation coming in at 6.6% in September (August: 6.9%). Meanwhile, consumer price inflation ticked up to 6.4% in September, from August’s 6.3%.
Lastly, harmonized consumer prices increased 0.08% in September over the previous month, moderating from the 0.51% increase recorded in August. September’s result marked the weakest reading since January.