Sunday May 31, 2020

10 things we learned from latest inflation figures

Motor insurance surge may have peaked, but rents continue to climb, CSO figures show

10th November, 2016
Fuel prices crept up in October. Pic: Pixabay

Figures released by the Central Statistics Office this morning show that consumer prices continued to fall in October, the fourth month in a row in which prices dropped.

The 0.5 per month monthly decline turned the annual rate of inflation negative, with the -0.3 per cent rate following September’s zero rate.

Economists say lower oil prices and the recent slump in sterling have been the main factors in recent general price falls, with the...

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