Irish inflation rate rises to 4.3% in October from 4.1% in September
(Alliance News) - Inflation accelerated in Ireland in October, led by housing and utilities costs, data published by the Central Statistics Office showed Wednesday.
The consumer price index rose 4.3% in October from a year before, the annual pace of inflation picking up from 4.1% in September.
On a monthly basis, consumer prices rose by 0.7% in October, accelerating from 0.2% in September.
Notably, prices of housing, water, electricity, gas & other fuels were up 11% on-year in October, sped up from 9.5% in September.
Monthly, prices for that category were 2.2% higher, accelerated from September's 1.2% climb.
On a harmonised level allowing for EU-wide comparison, inflation rose to 4.2% in October from 3.8% in September. This was higher than the flash reading of 4.0% the CSO had released last week.
On a monthly basis, harmonised consumer prices rose 0.7% in October, accelerating from 0.2% in September and ahead of the flash print of 0.5%.
By Tom Budszus, Alliance News slot editor
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