Economy

Air fryers in, swiss rolls out of inflation tracker as CPI edges towards 4%

Consumer prices fell to 4.1 per cent over the 12 months to January

Air fryers will be used to track inflation going forward along with e-cigarettes and non-alcoholic beer. Picture: Getty

Inflation edged toward 4 per cent in January with air fryers, e-cigarettes and non-alcoholic beer now being considered when tracking price growth as the Central Statistics Office (CSO) updated it’s so called “basket of goods”.

The Consumer Price Index - the main metric tracking inflation in Ireland – was 4.1 per cent in January, dropping from 4.6 per cent the previous month. This marks the third consecutive month that CPI has been below 5 per ...