Average prices down slightly

Average prices down slightly

Prices were 0.1% higher on average in October compared with October 2012, according to the CSO's Consumer Price Index.

The most notable changes in the year were increases in Alcoholic Beverages & Tobacco (+5.3%), Education (+4.6%) and Restaurants & Hotels (+1.8%).

There were decreases in Clothing & Footwear (-4.1%), Furnishings, Household Equipment & Routine Household Maintenance (-4.0%), Communications (-3.8%) and Transport (-2.2%).

Consumer Prices in October, as measured by the CPI, decreased by 0.2% in the month. This compares to a decrease of 0.1% recorded in October of last year.

The most significant monthly price changes were decreases in Transport (-2.2%) and Restaurants & Hotels (-0.4%). There were increases in Education (+4.4%) and Clothing & Footwear (+1%).

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