Irish Consumer Price Inflation fell to 4.4% in July following big drop in clothing, footwear and furniture prices due to summer sales
Aug 7th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Consumer Price Inflation in July, as measured by the CPI, decreased by 0.3% in the month according to the CSO. This compares to an increase of 0.3% in July of last year. As a result, the annual rate of inflation fell to 4.4%, down from 5.0% in June 2008. Clothing and footwear prices fell by almost 11%.