THE rate of inflation increases by 0.2% in September 2023 when compared to August 2023.
A release on Tuesday by the Central Statistical Office (CSO) stated, “The All Items Index of Retail Prices calculated from the prices collected for the month of September 2023 was 123.6, representing an increase of 0.2 points or 0.2% above the All Items Index for August 2023…”
The CSO stated that the Index for Food and Non-Alcoholic Beverages increased from 147.0 in August 2023 to 148.2 in September 2023, reflecting an increase of 0.8%.
Contributing significantly to this increase was the general upward movement in the prices were:
- Irish potatoes;
- chilled or frozen beef;
- fresh beef;
- chilled or frozen pork;
- cucumber;
- chive;
- soya; bean;
- oil;
- onions;
- mixed fresh seasoning; and
- other chilled or frozen chicken.
The CSO stated, “However, the full impact of these price increases were offset by the general decreases in the prices of pumpkin, fresh whole chicken, table margarine, parboiled rice, white flour, oranges, tomatoes, grapes, eddoes and fresh steak.
“A further review of the data for September 2023 compared with August 2023 reflected an increase in the sub-index for Alcoholic Beverages and Tobacco of 0.3%. Also, this period showed a decrease in the sub-index for Clothing and Footwear of 0.7% and Health of 0.1%. All other sections remained unchanged.”
