Annual inflation slows to 5.1% following drop in energy prices

Annual inflation was running at 6.4% in September and 6.3% in August

The annual inflation rate has now been over 5% for the last two years, going back as far as October 2021.

Annual inflation in Ireland slowed during the month of October to 5.1% following two months of increases as energy price drops start to have an impact, new Consumer Price Index data shows.

In September, annual inflation was running at 6.4% and in August it was 6.3%. The inflation rate has now been over 5% for the last two years, going back as far as October 2021.