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Inflation drops to 8.7% in Aug...

National

Inflation drops to 8.7% in August

RedFM News
RedFM News

12:11 8 Sep 2022


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The rate of inflation dropped to 8.7% in August.

That's down from 9.1% in the year to July.

In the year to August, the sectors which saw the largest increase in prices were housing, electricity, gas and other fuels, up over 20%.

Transport prices went up by 14.8% in the year, according to figures from the CSO.

There was a slight decrease in the cost of education and other goods and services.


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