13/10/2011
Irish Inflation Up 2.6% In September
Inflation has jumped again in September meaning that the cost of living has steadily increased for two consecutive months.
New figures by the Central Statistics Office (CSO) have revealed that inflation rose by 2.6% in September while prices also increased by 0.3%.
It is understood that clothing and footwear prices and higher mortgage repayments combined have been the influencing factor in pushing up the annual inflation rate.
Meanwhile the CSO said monthly increases in the cost of living this September were largely driven by hikes of 5.4% in fashion after the traditional summer sales came to an end.
More expensive mortgages saw a 1.7% increase in the cost of running a house and an 8.9% price increase was noted in conjunction with water, electricity, gas and other fuels.
However there was a fall of 2.3% in furnishings, household equipment and routine household maintenance and a 1.6% fall in education.
(LB/BMcC)
New figures by the Central Statistics Office (CSO) have revealed that inflation rose by 2.6% in September while prices also increased by 0.3%.
It is understood that clothing and footwear prices and higher mortgage repayments combined have been the influencing factor in pushing up the annual inflation rate.
Meanwhile the CSO said monthly increases in the cost of living this September were largely driven by hikes of 5.4% in fashion after the traditional summer sales came to an end.
More expensive mortgages saw a 1.7% increase in the cost of running a house and an 8.9% price increase was noted in conjunction with water, electricity, gas and other fuels.
However there was a fall of 2.3% in furnishings, household equipment and routine household maintenance and a 1.6% fall in education.
(LB/BMcC)
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21 November 2005
Small rise in UK house prices
According to the latest figures from the Office of the Deputy Prime Minister, house prices in September rose for the first time in six months. UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
Small rise in UK house prices
According to the latest figures from the Office of the Deputy Prime Minister, house prices in September rose for the first time in six months. UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
16 November 2004
Rise in petrol prices drives up inflation rate
Recent rises in energy costs, particularly in petrol prices, have seen the inflation rate top 1.2% for October, according to the Office of National Statistics (ONS). Increasing crude oil costs saw prices at the pumps gain an average of around 2p per litre, pushing the CPI inflation rate – the government's target measure – up by 0.
Rise in petrol prices drives up inflation rate
Recent rises in energy costs, particularly in petrol prices, have seen the inflation rate top 1.2% for October, according to the Office of National Statistics (ONS). Increasing crude oil costs saw prices at the pumps gain an average of around 2p per litre, pushing the CPI inflation rate – the government's target measure – up by 0.
05 February 2004
Interest rates rise to 4%
Interest rates have been upped today a quarter percentage point to 4%, the Bank of England has announced. The bank's Monetary Policy Committee (MPC), said that it based the decision in the light of the latest quarterly projections for output and inflation, to be published in the February Inflation Report.
Interest rates rise to 4%
Interest rates have been upped today a quarter percentage point to 4%, the Bank of England has announced. The bank's Monetary Policy Committee (MPC), said that it based the decision in the light of the latest quarterly projections for output and inflation, to be published in the February Inflation Report.
12 January 2004
House price inflation falls in November
House price inflation dropped by 1.1% in the October to November period compared to an increase of 1% in the same period last year, according to the government's latest House Price Index (HPI) figures. The HPI figures published by the Office of the Deputy Prime Minister (ODPM) today revealed that UK house price inflation fell from 12.
House price inflation falls in November
House price inflation dropped by 1.1% in the October to November period compared to an increase of 1% in the same period last year, according to the government's latest House Price Index (HPI) figures. The HPI figures published by the Office of the Deputy Prime Minister (ODPM) today revealed that UK house price inflation fell from 12.
03 January 2002
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.