Financial News: Irish Inflation Rises To 1.4% In December

Irish Inflation Rises To 1.4% In December

01/16/2025 - 07:26:00 (RTTNews)

(RTTNews) - Ireland's consumer price inflation accelerated at the end of the year to the highest level in four months, data from the Central Statistics Office showed on Thursday.

The consumer price index climbed 1.4 percent year-over-year in December, faster than the 1.0 percent rise in November.

EU-harmonized inflation also rose to 1.0 percent from 0.5 percent in the prior month.

Transport charges rebounded 1.6 percent annually in December versus a 1.6 percent fall in November.

The annual price growth relating to recreation and culture quickened to 3.3 percent from 3.3 percent from 2.8 percent. Prices for food and non-alcoholic beverages grew at a slightly faster pace of 2.0 percent, while those of clothing and footwear plunged by 8.0 percent.

Excluding energy and unprocessed food, the consumer price inflation was 2.1 percent.

On a monthly basis, consumer prices increased 0.9 percent in December after falling 0.5 percent in November. The HICP also showed a rise of 0.9 percent.

The average annual inflation rate for 2024 was 2.1 percent, down significantly from 6.3 percent in 2023.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Treasury Reveals Details Of Twenty-Year Bond Auction (24 min(s), 51 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday revealed the details of the first auction of twent ...Full Story»

U.S. Business Inventories Inch Up 0.1% In November, In Line With Estimates (01 hr(s), 16 min(s), 51 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed a slight increase by b ...Full Story»

U.S. Housing Market Index Unexpectedly Inches Up To Nine-Month High In January (01 hr(s), 25 min(s), 51 sec(s) ago)
(RTTNews) - Reflecting hopes for an improved economic growth and regulatory environment, the Natio ...Full Story»

Philly Fed Index Skyrockets To Highest Level Since April 2021 (01 hr(s), 40 min(s), 51 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing a subst ...Full Story»

U.S. Import Prices Inch Up 0.1% For Third Straight Month In December (01 hr(s), 44 min(s), 51 sec(s) ago)
(RTTNews) - Following yesterday's more closely watched report on consumer price inflation, the ...Full Story»

U.S. Retail Sales Rise 0.4% In December, Less Than Expected (01 hr(s), 51 min(s), 51 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing retail sales in the U.S. ...Full Story»

U.S. Weekly Jobless Claims Rebound From Nearly Eleven-Month Low (01 hr(s), 56 min(s), 51 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Philly Fed Index Skyrockets Into Positive Territory In January (03 hr(s), 05 min(s), 51 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing a subst ...Full Story»