Insuring a car over 35% more expensive in year

The soaring cost of insuring a car was the stand-out feature of the latest monthly inflation report.

Car insurance costs showed little signs of cooling. Premiums were up on average 1% in the month, marking an increase of 35.5% from May 2015.

That was the largest annual price surge recorded among a huge list of 53,000 goods and services the CSO continuously tracks to compile its Consumer Price Index.