Consumer rate inflation in Ireland continued to slow in June, however still stayed significantly raised by historic requirements, according to figures from the Irish Central Statistics Office on Thursday.
The customer rate index increased by 6.1% in June from a year prior to, slowing from a 6.6% boost in May.
The CSO said this marked the 21st succeeding month when the yearly CPI boost was at least 5.0%.
By financial sector, the most substantial rates boosts remained in housing, water, electrical power, gas & other fuels, up 16%, and entertainment & culture, up 10%.
Housing increased mainly due to increasing rates of home loan interest payments, lease, electrical power, gas and strong fuels, while Recreation increased as package vacations, animal items and sporting involvement all grew in cost.
Meanwhile, education and transportation were the only departments to reveal a reduction when compared to June 2022, down 6.3% and 4.1% respectively.
On a regular monthly basis, customer rates increased by 0.8% in June from May. Consumer rates had actually increased 0.3% in May from April.
The departments with the biggest month-on-month rate development in June were entertainment & culture, up 3.9%, and transportation, up 2.5%. However, home furnishings, household equipment & regular household upkeep rates fell 0.7% and various products & services rates were down 0.4%
The harmonised index of customer rates – which enables EU broad contrast – increased by 4.8% in June every year, slowing from 5.4% in May.
On a regular monthly basis, harmonised customer rates increased by 0.8% in June, compared to a 0.3% decrease in May.
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