Inflation

Consumer prices increase faster than expected raising fears of stalled progress in inflation fight

Prices rose by 4.9 per cent in the year to August 2023 compared to a 4.6 per cent jump in the 12 months up to July

High energy prices continued to drive inflation in Ireland over the period, according to the statistics agency, with prices estimated to have risen by 5.1 per cent in the 12 months to the end of August

Prices rose more quickly over the past month than in July, according to new data, stoking fears that progress on curbing inflation has stalled.

Prices rose by 4.9 per cent in the year to August 2023 compared to a 4.6 per cent jump in the 12 months up to July, according to a flash estimate from the Central Statistics Office (CSO) released today.

High energy prices continued to drive inflation in Ireland over the period, ...