The rate of inflation in Ireland is at 7.8%, down slightly compared with previous months
The CSO Consumer Price Index rose by 7.8% between January 2022 and January 2023.
January is the sixteenth consecutive month where the annual increase in the CPI has been at least 5%. “We do believe that this downward trajectory with inflation will continue and will actually accelerate, particularly in quarter two and quarter three of this year, so that is good news,” he said.
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