CPI September 2010

yoganmahew · October 14, 2010, 12:12pm

cso.ie/releasespublications/ … nt/cpi.pdf

Prices rise by 0.5% in the year to September
Consumer Prices in September, as measured by the CPI, decreased by 0.1% in the
month. This compares to a decrease of 0.4% recorded in September of last year.
As a result, prices on average, as measured by the CPI, were 0.5% higher in
September compared with September 2009.
The EU Harmonised Index of Consumer Prices (HICP) decreased by 0.2% in the
month, compared to a decrease of 0.4% recorded in September of last year. As a
result, prices on average, as measured by the HICP, were 1.0% lower in
September compared with September 2009.
The most notable changes in the year were increases in Education (+9.5%),
Housing, Water, Electricity, Gas & Other Fuels (+8.5%) and Communications
(+2.9%). There were decreases in Clothing & Footwear (-7.4%), Furnishings,
Household Equipment & Routine Household Maintenance (-3.7%) and
Alcoholic Beverages & Tobacco (-3.1%).
The annual rate of inflation for Services was 2.1% in the year to September, while
Goods decreased by 1.6%.
The most significant monthly price changes were decreases in Transport (-1.6%)
and Miscellaneous Goods &Services (-0.4%). There was an increase in Clothing
& Footwear (+4.5%).
The main factors contributing to the monthly change were as follows:
Transport fell mainly due to decreases in airfares.
Miscellaneous Goods &Services fell due to lower charges for medical
insurance.
Clothing & Footwear rose due to a further recovery in prices
following the traditional summer sales.
The CPI excluding tobacco index for September decreased by 0.2% in the month
and was up by 0.4% in the year. The CPI excluding energy products fell by 0.2%
in the month and decreased by 0.2% in the year. The CPI excluding mortgage
interest decreased by 0.2% in the month and was down by 0.9% in the year.

Detailed sub-indices:
cso.ie/releasespublications/ … nt/pic.pdf

Homeboy · October 14, 2010, 12:20pm

Seeing as prices are rising, I take it there won’t be any social welfare cuts or tax increases in December’s budget?

spqr64 · October 14, 2010, 12:23pm

Jaysus an optimist, quick get him on RTE.

InForADime · October 14, 2010, 12:34pm

I think 0.5% counts as stable (less than two percent!).

fishfoodie · October 14, 2010, 12:44pm

Can someone please explain to the two Brians that here, in a nutshell, is why people aren’t ‘getting out there & spending’.

It’s because in areas where the Government has almost complete control of price, they have been raising prices, so people have less disposable income to spend on discretionary spends. Politicians of course because they are always spending other peoples money, seem to have trouble grasping this concept !

Larry · October 14, 2010, 3:25pm

Ho-hum, yet again the only things dragging inflation up are mortgage repayments and state or semi-state operations (water, energy and education).

The message is clear: everyone needs to tighten their belts except for wasteful state organs and the banks. It’s the same every bloody CPI. It’s sick.

dirtysquatter · October 14, 2010, 3:29pm

+1 to Larry and fishfoodie’s comments.

Longtermrenter · October 14, 2010, 4:26pm

Huh, clearly I’m misreading it, how can prices for clothing be both rising and falling?

yoganmahew · October 14, 2010, 4:32pm

One month (+4.5%) vs. 12 months (-7.4%).