The annual rate of inflation climbed to 5.2% in January

Right, here we go again … inflation.

First off, a history lesson … (and I know, the basket and the method have changed durning the period), figures from the CSO & Eurostat.

Year Inflation % Year High Year Low Eurozone

2000 5.6 … 6.2 (Aug) … 4.0 (Jan)
2001 4.9 … 5.6 (Apr) … 3.8 (Nov)
2002 4.6 … 5.0 (Dec) … 4.2 (July)
2003 3.5 … 5.1 (Feb) … 1.9 (Dec) … 2.1
2004 2.2 … 2.9 (Nov) … 1.4 (Mar) … 2.1
2005 2.5 … 3.0 (Oct) … 2.1 (Mar) … 2.2
2006 4.0 … 4.9 (Dec) … 3.0 (Jan) … 2.2

And now today, 5.2%! Not the best start to the year that’s going to see the deluge of SSIA’s …

rte.ie/business/2007/0222/INFLATION.html

Blue Horseshoe