Annual inflation rate highest in three years
Insurance big factor in price rises over past 12 months
Official figures show that consumer prices fell in July, the first monthly drop since January, though the annual rate of inflation crept up to its highest level in three years.
The Central Statistics Office said prices fell by 0.2 per cent from June, as sales brought clothing and footwear prices down. The suspension of water charges and lower mortgage interest repayments were also factors in the monthly drop, though these were partly offset by increases...
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