"The latest flash estimate of the Harmonised Index of Consumer Prices (HICP), compiled by the CSO, indicates that prices for consumer goods and services in Ireland are estimated to have increased by 3.2pc in the past year. It should be noted that the low base in November 2024 has had an impact on the annual change of 3.2pc in the year to November 2025 being published today."
"Energy prices are estimated to have grown by 0.7pc in November, and rose by 3.3pc over the past year. Bord Gáis Energy, Energia, Pinergy and SSE Airtricity all hiked electricity prices last month. Flogas raised its electricity prices in August. Food prices are estimated to be unchanged in the month but they increased by 4.2pc in the last 12 months, according to the CSO's "flash" estimate of inflation from the EU Harmonised Index of Consumer Prices for November."
Annual inflation reached 3.2% in the 12 months to November, the highest since December 2023, despite a 0.2% month-on-month fall. The EU-harmonised "flash" HICP estimate shows energy prices grew 0.7% in November and 3.3% over the year, with several suppliers increasing electricity tariffs. Food prices were unchanged month-on-month but rose 4.2% annually. Transport costs rose 0.1% in the month and 3% over the year, with petrol and diesel price increases after carbon tax changes. Diesel rose 4c per litre and petrol 2c, adding pressure to households and motorists.
Read at Irish Independent
Unable to calculate read time
Collection
[
|
...
]