DUBLIN, March 16 (Reuters) - Ireland still expects
inflation to slow to an average rate of between 4% and 5%
through across 2023 despite a pick-up in price growth last month
though the level of core inflation remains a concern, Finance
Minister Michael McGrath said.
Annual Irish inflation jumped to 8.5% in February from 7.8%
a month earlier, in line with a flash estimate published earlier
this month, data showed on Thursday.
"It was always our anticipation that the rate of reduction
would really kick in in quarter two... We hope that (wholesale
energy price falls) will come through to consumers quickly but
of course core inflation remains a concern," McGrath told
national broadcaster RTE.
(Reporting by Padraic Halpin; editing by Jason Neely)
Messaging: padraic.halpin.thomsonreuters.com@reuters.net))
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