Apr 13, 2012

Cost of Living in Ireland - Inflation Now at 2.2%

It was big fuel price rises that helped increase the cost of living  in Ireland by 1% in March 2012.
The  Irish Consumer Price Index (CPI) was up 1 per cent in March, pushing the annual rate of inflation back up to 2.2 per cent.
Petrol prices in Ireland rose 3.3 per cent in March 2012 - and they have risen by 9 per cent in the  last year.  Diesel prices  were  up 1.8 per cent monthly and 9.2 per cent over the year.
There were also increases in  health insurance premiums,  clothing and footwear

The Harmonised Index of Consumer Prices (HICP), ( that excludes the cost of mortgage interest)  also rose 1 per cent in March, taking the annual rate to 2.2 per cent.
The rate of inflation in Ireland  has been one of the lowest in the euro zone.

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