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17/01/2008
Irish Inflation Down - But Only Marginally
There was a slight fall in Ireland's inflation rate last month.
According to the Central Statistics Office (CSO) report the official rate for December was 4.7%, compared to 5% in November.
The CSO said the main factor pushing up inflation during 2007 was a 15% rise in the cost of housing, water, electricity, gas and other fuels.
The cost of food and non-alcoholic drink was also highlighted as being up 6.3%, while education costs were up 6% and transport costs also rose - by 5.1%.
(BMcC)
According to the Central Statistics Office (CSO) report the official rate for December was 4.7%, compared to 5% in November.
The CSO said the main factor pushing up inflation during 2007 was a 15% rise in the cost of housing, water, electricity, gas and other fuels.
The cost of food and non-alcoholic drink was also highlighted as being up 6.3%, while education costs were up 6% and transport costs also rose - by 5.1%.
(BMcC)
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