Friday 20 April 2018

Inflation stable at 2.7pc reporters

Consumer prices remained stable in July at 2.7pc, new figures from the Central Statistics Office show.

While there were increases in mortgage repayments and food prices, these were tempered by summer sales which led to falls in clothing, footwear and household goods.

There was a 3.6pc drop clothes and footwear prices while household goods and furnishings fell 0.7pc.

The biggest hike was in housing and utilities costs which increased 0.9pc.

On an annual basis, these costs were up 10.3pc while transport and health charges increased by 3.5pc and 3.4pc respectively.

EU inflation - which excludes housing costs - dropped by 0.2pc last month.

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