Business Irish

Saturday 22 July 2017

Inflation falls to 4.4pc

Ian Guider

Irish inflation fell to a four-month low in July as clothing and household goods prices eased.

The annual rate of inflation, based on a European Union measure, slowed to 3.6 percent from 3.9 percent in June, the Cork-based Central Statistics Office said today. Prices fell 0.5 percent on the month.

Based on an Irish measure, which includes mortgage interest costs, inflation fell to 4.4 percent from 5 percent in June. (Bloomberg)

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