Latest flash estimate for the harmonised index of consumer prices shows prices rose by 0.5 per cent during MayHeadline inflation in the Irish economy unexpectedly rose 1.9 per cent in May, up from 1.6 per cent the previous month, according to the Central Statistics Office’s latest flash estimate for the harmonised index of consumer prices .
The uptick in headline price growth comes despite falling energy prices. The CSO said energy prices were estimated to have fallen by 0.3 per cent in the month and decreased by 3.6 per cent over the 12 months to May.The pensions gender gap is worse than you think While the HICP is used to allow comparisons across euro-zone countries, the official measure of Irish inflation is the consumer price index . That put the headline rate of inflation in Ireland at 2.6 per cent in April.
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