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Clothing & footwear prices down 3% in October

11 Nov '05
1 min read

Consumer Prices in October, as measured by the CPI, increased by 0.1% in the month.

This was the same as the increase recorded in October of last year and as a result, the annual rate of inflation remained at 3.0%.

The EU Harmonised Index of Consumer Prices (HICP) was unchanged in the month, compared to an increase of 0.1% in October 2004.

The annual rate of inflation, as measured by the HICP, fell accordingly from 2.8% in September to 2.7% in October.
The most notable changes in the year were increases in Housing, Water, Electricity, Gas & Other Fuels (+11.9%), Health (+6.2%), Transport (+6.1%), Education
(+4.8%) and Restaurants & Hotels (+3.1%).

There were decreases in Clothing & Footwear (-3.0%) and Furnishings, Household Equipment & Routine Household Maintenance (-1.1%).

The annual rate of inflation for Goods was 1.7% in October while the corresponding rate for Services was 4.1%.

The most significant monthly price changes were increases in Education (+2.1%) and Housing, Water, Electricity, Gas & Other Fuels (+1.7%).

These increases were partially offset by decreases in Clothing&Footwear (-1.3%) and Transport (-0.8%).

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Central Statistics Office, Ireland

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