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Consumer price inflation in Ireland continued to slow in May, though it remained elevated by historical standards, according to figures from the Irish Central Statistics Office on Thursday.
The consumer price index rose by 6.6% in May from a year before, slowing from a 7.2% annual increase in April.
The CSO said this marked the 20th successive month when the annual CPI increase was at least 5.0%.
By economic sector, the most significant prices increases were in housing, water, electricity, gas & other fuels, up 16%, and food & non-alcoholic beverages, up 13%.
Education and transport were the only divisions to show a decrease when compared with May 2022, down 6.3% and 1.7% respectively.
On a monthly basis, consumer prices rose by 0.3% in May from April.
The divisions with the largest month-on-month price growth were restaurants & hotels, up 1.6%, and alcoholic beverages & tobacco, up 1.0%. By contrast, transport prices fell 1.2%, housing, water, electricity, gas & other fuels by 0.1%, and communications by 0.1%.
The harmonised index of consumer prices - which allows for EU wide comparison - rose by 5.4% in May annually, slowing from 6.3% in April.
On a monthly basis, harmonised consumer prices fell by 0.3% in May, the same decline as seen in April from March.
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