Consumer prices rose by 6.1% over the 12 months to June 2023
This is the 21st straight month where the annual growth in the CPI has been at least 5.0%
The Central Statistics Office (CSO) has published the Consumer Price Index (CPI) for June 2023.
It found the CPI rose by 6.1% between June 2022 and June 2023, down from an annual increase of 6.6% in the 12 months to May 2023.
This is the 21st straight month where the annual growth in the CPI has been at least 5.0%.
The divisions with the largest increases in the 12 months to June 2023 were Housing, Water, Electricity, Gas & Other Fuels (+15.7%) and Recreation & Culture (+10.4%).
Education (-6.3%) and Transport (-4.1%) were the only divisions to show a decrease when compared with June 2022.
Meanwhile prices rose by 0.8% between May and June. The divisions with the largest growth in the month were recreation & culture (+3.9%) and transport (+2.5%).
The divisions with the largest declines in the month were furnishings, household equipment & routine household maintenance (-0.7%) and miscellaneous goods & services (-0.4%).
National Average Prices
The National Average Prices for selected goods and services for June have also been published. The National Average Prices are compiled together with the CPI. Commenting on the National Average Prices, Anthony Dawson said: “The National Average Price of a number of items rose in June 2023. There were price increases for an 800g loaf of white sliced pan (+11c), an 800g loaf of brown sliced pan (+8c), two litres of full fat milk (+28c), and a pound of butter (+29c) when compared with June 2022.”
The comprehensive list of items included in the National Average Prices and their monthly prices are available at: https://data.cso.ie/table/CPM12.
