What we learned from latest inflation figures

Air fares jump, but motor insurance costs appear to have levelled off

13th April, 2017
Inflation still low despite some price rises. Pic: Pixabay

Official figures show that consumer prices rose at the fastest rate for almost four years in the year to March, though the annual inflation rate is still only 0.7 per cent.

The Central Statistics Office said prices in March rose by 0.6 per cent compared with February, led by air fares and hotel accommodation. Prices had also risen by 0.6 per cent in February, having been flat or falling since the middle of 2016.

The CSO said higher petrol...

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