Ireland  Inflation Returns
Ireland  Inflation Returns

Ireland Inflation Returns

Ireland Inflation Returns

Inflation has risen for the first time in the Irish economy in six months. Consumer prices were down 0.5% for the month in January as measured by the consumer price index and 0.3% higher compared to January 2016, RTE reported. The most significant monthly price changes were decreases in clothing and footwear (down 9%) and furnishings, household equipment and routine household maintenance (down 3%). There were increases in tobacco (1.5%) and food and non-alcoholic beverages (0.4%). Irish exports reached record levels in 2016, according to the Central Statistics Office, despite a drop shipments to Britain. 


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