Inflation Reduced Irish Clothing And Footwear Prices In August.
As a measure of the consumer price index (CPI), the consumer price index in August increased by 0.5%. Compared with August last year, the consumer price index rose by 0.7%, resulting in an annual inflation rate falling from 5% in July to 4.8%.
In August, the EU consumer price index (HICP) increased by 0.4%, an increase of 0.8% compared with August 2006.
As a result, the annual inflation rate dropped from 2.7% in July to 2.3% in August.
In August, the consumer price index of clothing and footwear fell by 3.4%, and furniture, household equipment and daily household maintenance fell by 1.8%.
In August, the price of clothing and footwear increased by 5%, and by 3.4% in 2007 August.
In August, the price of clothing increased by 5.8%, while the price of shoes increased by 2.5%.
This increase is due to the recovery of prices after the traditional summer.
The categories of clothing and footwear include clothing and footwear services, such as dry cleaning.
Footwear repair and rental costs increased by 0.3%, and clothing service components increased by 0.1%.
The annual inflation rate of services increased by 8.5% in August, while goods increased by 0.2%.
The most significant monthly price change is clothing and footwear, an increase of 5%.
This growth is partly offset by a 0.5% decline in pport.
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