Economics
Inflation steady at 9.1% in July as prices remain highest in nearly 40 years
New statistics show the cost of petrol, diesel and home heating oil are far higher than the same period last year
Inflation remained at 9.1 per cent in July, according to the Central Statistics Office (CSO), the same level as in June but still the highest in nearly 40 years.
The CSO’s latest Consumer Price Index shows that prices have risen 9.1 per cent compared to July 2021.
The figures show that last month was the first time since the start of the year that price growth has not accelerated year on year, but the rate ...