We use cookies to collect and analyse information on site performance and usage to improve and customise your experience, where applicable. View our Cookies Policy. Click Accept and continue to use our website or Manage to review and update your preferences.


Consumer prices up almost 5% in a year
Pic: Hai Nguyen on Unsplash
30 Aug 2023 ireland Print

Consumer prices up almost 5% in a year

Consumer prices have risen by 4.9% in the 12 months to August 2023 and increased by 0.5% since July 2023, CSO data shows.

This compares with the EU Harmonised Index of Consumer Prices (HICP) inflation of 4.6% in Ireland in the 12 months to July 2023, and an annual increase of 5.3% in the HICP for the Eurozone in the same period.

Energy prices up 3.4%

In August, energy prices are estimated to have increased by 3.4% in the month and risen by 5.1% over the 12 months to August 2023. 

Food prices remained the same in the last month and rose by 7.7% in the last 12 months.

Excluding energy and unprocessed food, the HICP is estimated to have increased by 4.8% since August 2022.

Statistician Anthony Dawson said: “Transport costs have risen by 0.7% in the month and decreased by 1.5% in the 12 months to August 2023.”

Gazette Desk
Gazette.ie is the daily legal news site of the Law Society of Ireland
Copyright © 2024 Law Society Gazette. The Law Society is not responsible for the content of external sites – see our Privacy Policy.