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Financial News: Ireland CPI Rises For Fourth Month

Ireland CPI Rises For Fourth Month

09/13/2018 - 06:52:00 (RTTNews)

(RTTNews) - Ireland's consumer prices increased for the fourth straight month in August, data from the Central Statistics Office showed Thursday.

The consumer price index climbed 0.7 percent year-over-year in August, just below the 0.8 percent rise in July.

Utility costs grew 6.4 percent annually in August, while prices of food and non-alcoholic beverages dropped by 2.6 percent.

On a monthly basis, consumer prices increased 0.3 percent from July, when it gained by 0.4 percent.

The EU measure of inflation or HICP, rose at a slightly slower pace of 0.9 percent yearly in August, after a 1.0 percent increase July. Month-on-month, the HICP went up 0.3 percent.

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