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Ireland's Inflation At 9.2% In The Year To October

The highest annual rate of inflation in Ireland since 1984 was recorded in the last 12 months to Oct...
Ben Finnegan
Ben Finnegan

12:13 PM - 10 Nov 2022



Ireland's Inflation At 9.2% In...

News

Ireland's Inflation At 9.2% In The Year To October

Ben Finnegan
Ben Finnegan

12:13 PM - 10 Nov 2022



The highest annual rate of inflation in Ireland since 1984 was recorded in the last 12 months to October.

Prices rose by 9.2% compared to October 2021.

The CSO's Consumer Price Index shows a near 40-year high for the annual rate of inflation.

Driving the 9.2% rise in the 12 months to October was energy prices.

Gas was up by 93% since October 2021, with a 71% increase in electricity and 65% in home heating oil.

It's not just energy prices going up, as the cost of a pint of milk has gone up by a quarter.

There was also a nearly 20% increase in butter prices with eggs and bread also going up by double digits.

The rate of inflation compared to the previous month was 1.6%.



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Bread Cost Of Living Energy Energy Prices Gas Milk Oil Supermarket

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