Irish inflation at 12-month low as prices rise 7.2% in April

Kitco Media
By Reuters
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Updated:
Reuters
DUBLIN, May 11 (Reuters) - Annual Irish inflation slowed to its lowest level in a year, with the consumer price index (CPI) easing to 7.2% in April from 7.7% in March in line with flash estimates, Central Statistics Office data showed on Thursday. Last month's flash estimate for the EU-standard Harmonised Index of Consumer Prices (HICP) showed that core inflation - the measure that excludes energy and unprocessed food - rose 5.3% year-on-year in Ireland in April compared to 6.2% in March. Ireland's finance ministry last month revised down its inflation estimate for 2023 to 4.9% and forecast a figure of 2.5% next year. (Reporting by Padraic Halpin; Editing by Alison Williams)

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