Inflation at 1.3% in February, CSO’s flash estimate shows
Consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistisc Office show.
The CSO said that energy prices are estimated to have risen by 0.7% in the month and decreased by 2.5% over the 12 months to February.
Food prices are estimated to have increased by 0.4% in the last month and by 2.2% in the last 12 months, while transport costs have risen by 1.7% in the month and are up by 2.8% in the year, it added.
Core Irish HICP, which excludes energy and unprocessed food, also rose to 1.7% in February from 2% in January, the CSO said.
Eurostat will publish flash estimates of inflation for the euro zone for February on Monday.
Article Source – Inflation at 1.3% in February, CSO’s flash estimate shows – RTE
