Inflation watch


#501

Consumer Price Index, February 2020

https://www.cso.ie/en/releasesandpublications/er/cpi/consumerpriceindexfebruary2020/

% monthly change +0.6%

% annual change +1.1%

The most notable changes in the year were increases in Education (+4.1%), Alcoholic Beverages & Tobacco (+3.1%), Transport (+3.0%) and Housing, Water, Electricity, Gas & Other Fuels (+2.9%). There were decreases in Communications (-9.5%), Furnishings, Household Equipment & Routine Household Maintenance (-2.5%), Food and Non-Alcoholic Beverages (-1.0%) and Clothing & Footwear (-1.0%).

Consumer Prices in February, as measured by the CPI, increased by 0.6% in the month. During February of last year, prices rose by 0.8% in the month. The most significant monthly price changes were increases in Clothing & Footwear (+4.2%), Transport (+1.6%) and Health (+1.1%). There were decreases in Alcoholic Beverages & Tobacco (-1.3%), Housing, Water, Electricity, Gas & Other Fuels (-0.4%) and Food and Non-Alcoholic Beverages (-0.1%).

Private Rents (table 7)

% monthly change +0.3%

% annual change +3.9%

Local Authority Rents (table 7)

% monthly change +0.0%

% annual change +5.6%