The annual rate of inflation moved back up to 5% in June, up from 4.7% in May, according to the latest figures from the Central Statistics Office. The annual rate had hit 5% in March before falling back in the following two months.
Overall, prices rose by 0.5% from May. The CSO said the biggest monthly increase in prices - 2.1% - came in the transport sector, due to higher air fares and rising petrol and diesel prices. Air fares were up more than 11% from May.
Higher mortgage repayments and increased prices for hotels and other accommodation also contributed to the rise in inflation. There were also price increases for cigarettes, but prices of clothing and footwear fell back 1.1% in the month.
The annual rate of inflation for services in June was 5.3%, while goods increased by 4.6%. The rate of goods inflation has been increasing from low levels in recent months, mainly because of rising food prices.
