Higher food prices push inflation up to 2% in April – CSO
Inflation rose by 2% in the 12 month period to April of this year, driven mainly driven by higher food prices.
The latest figures show a marginal increase in the rise in the cost of living as measured by the Central Statistics Office as the figure for the 12 months to March was 1.8%.
The latest data is part of the EU Harmonised Index of Consumer Prices which shows inflation in the euro zone was running at 2.2% in the year to March.
In Ireland, food prices are estimated to have increased by 0.6% in the last month and by 3.1% in the past year.
Energy prices are estimated to have fallen by 0.3% in April and decreased by 1.7% over the past 12 months, partly reflecting a substantial fall in the price of oil on world markets.
Article Source – Higher food prices push inflation up to 2% in April – CSO – RTE