The latest data on the Irish Consumer Price Index (CPI) for April 2024 has been released, showing a slight decrease from the previous month. The CPI in Ireland reached 2.6% in April, down from 2.9% in March 2024. This information was updated on 09 May 2024 and compared on a Year-over-Year basis, meaning the current indicator for April 2024 is compared to the same month a year ago.
The slight decrease in the CPI indicates a small slowdown in the rate of inflation in Ireland. This could have various implications for the economy, including potentially affecting consumer spending patterns and the overall cost of living for residents. It will be interesting to see how this trend continues in the coming months and what impact it may have on the broader economic landscape in Ireland.
