Ireland: Inflation is stable in April
Latest reading: Harmonized consumer prices were up 3.6% on a year-on-year basis in April, unchanged from the prior month’s reading.
Relative to the prior month’s figures, there were higher price pressures for transportation (+3.9% in annual terms vs +3.0% in March), housing and utilities (+8.6% vs +7.7% in March) and restaurants and hotels (+3.8% vs +3.6% in March). In contrast, there were milder price pressures for food and non-alcoholic beverages (+2.1% vs +2.3% in March) and recreation (+1.2% vs +4.1% in March).
Meanwhile, consumer prices were up 3.7% in April, unchanged from the previous month’s reading.
Lastly, harmonized consumer prices were up 0.39% in April on a month-on-month basis, following a 1.78% rise in the previous month.