Inflation ticks higher as clothing and household bills rise in month

Food prices increased 7.5%, with vegetable prices seeing the largest increase of any food category at 11.8%
Central Bank governor Gabriel Makhlouf: Italy’s bond-yield spread over peers will keep ECB officials on alert.

Central Bank governor Gabriel Makhlouf: Italy’s bond-yield spread over peers will keep ECB officials on alert.

The annual inflation rate in Ireland ticked higher to 6.4% in September despite numerous interest rate hikes from the European Central Bank (ECB). 

Figures from the CSO showed the annual rate increased from 6.3% in August, with food and energy prices seeing a particularly high rate of inflation compared to last year.

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