Inflation ticks up to 2% in March

According to the CSO data, alcohol and tobacco saw the largest price increases over the last year, up 4.2%, followed by food and non-alcoholic drinks, up 3.3%

This is the first time that Irish annualised inflation has been at or above 2% since July last year when 2.2% was recorded.

The annual rate of inflation increased again during March to 2% driven by rising alcohol and food prices, new figures from the Central Statistics Office (CSO) shows.

This is the first time that Irish annualised inflation has been at or above 2% since July last year when 2.2% was recorded. During February, the inflation rate was 1.8%.