Consumer prices up 0.4% in August

Updated: 20:53, Thursday, 10 September 2009

Consumer prices rose by 0.4% in the month of August, marking the first increase since last September.

1 of 1 Inflation Prices up 0.4% in August
Inflation
Prices up 0.4% in August

The latest figures from the Central Statistics Office show prices on average were 5.9% lower at an annual rate in August, unchanged from the July rate.

Prices for clothes and footwear rose by 3.4% in August as the traditional summer sales came to an end.

The costs for housing, water, electricity, gas and other fuels increased by 1.1% due to higher average mortgage interest repayments.

Transport costs also rose by 1.1% due to increases in airfares and petrol and diesel prices.

Food prices, however, fell by 1% in August.

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