Irish consumer Prices for April up 0.5% on same time last year

CPI: Alcohol & tobacco show noticeable rise

Consumer prices in Ireland remained unchanged in April, but show a rise of 0.5 per cent on the same time last year.

Thats according to figures released today by the Central Statistics Office (CSO). 

The figures, measured under the Consumer Price Index (CPI) indicate some slight increases and decreases in prices over the year.

The most noticeable changes in the year were increases in alcoholic beverages and tobacco (+5.3 per cent), Education (+4.8 per cent) and miscellaneous goods and services up by 2.5 per cent. 

The CPI indicates that there were decreases in the price of communications (- 4.6 per cent), furnishings and household equipment (- 3.4 per cent) and clothing and footwear fell by 1.8 per cent. 

The main factors contributing to the monthly changes in the CPI according to the CSO were: 

• Miscellaneous goods and services rose mainly due to increases in health insurance premiums.
• Food and alcoholic beverages increased due to higher prices for a wide range of food items.
• Transport fell mainly due to a decrease in airfares. 

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