Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Ireland’s yearly inflation rate slowed last month, figures from the Central Statistics Office showed on Thursday.
The yearly inflation rate ebbed to 7.7% in March, from 8.5% in February.
It was the eighteenth straight month that the inflation rate has topped 5.0%, though the slowest rise in the consumer price index since April 2022.
On a harmonised basis, allowing for EU-wide comparison, the yearly inflation rate eased to 7.0% n March, from 8.1% in February. It is now some way off a recent peak of 9.6% seen in June and July 2022.
On a month basis, consumer price growth slowed. Prices climbed 1.1% in March from February. They had climbed 1.6% in February from January.
On a harmonised basis, prices rose 0.9% monthly in March, slowing from a 1.5% rise in February.
By Eric Cunha, Alliance News news editor
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.