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Consumer price inflation in Ireland continued to slow in June, but still remained markedly elevated by historical standards, according to figures from the Irish Central Statistics Office on Thursday.
The consumer price index rose by 6.1% in June from a year before, slowing from a 6.6% increase in May.
The CSO said this marked the 21st successive month when the annual CPI increase was at least 5.0%.
By economic sector, the most significant prices increases were in housing, water, electricity, gas & other fuels, up 16%, and recreation & culture, up 10%.
Housing rose largely due to rising prices of mortgage interest repayments, rent, electricity, gas and solid fuels, while Recreation increased as package holidays, pet products and sporting participation all grew in cost.
Meanwhile, education and transport were the only divisions to show a decrease when compared with June 2022, down 6.3% and 4.1% respectively.
On a monthly basis, consumer prices rose by 0.8% in June from May. Consumer prices had risen 0.3% in May from April.
The divisions with the largest month-on-month price growth in June were recreation & culture, up 3.9%, and transport, up 2.5%. However, furnishings, household equipment & routine household maintenance prices fell 0.7% and miscellaneous goods & services prices were down 0.4%
The harmonised index of consumer prices - which allows for EU wide comparison - rose by 4.8% in June annually, slowing from 5.4% in May.
On a monthly basis, harmonised consumer prices increased by 0.8% in June, compared to a 0.3% decline in May.
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