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Ireland-flagDUBLIN: Ireland's consumer price index (CPI) fell by 0.1 percent for the second successive month in October, keeping prices 1.6 percent higher than in the same month last year, official figures showed on Thursday.

 

The Harmonised Index of Consumer Prices (HICP), which strips out mortgage increases and is used for intra-EU comparisons, also fell 0.1 percent in the month to give a year-on-year rate of 2.1 percent.

 

Economists polled by Reuters see inflation rising by 1.9 percent for the year as a whole and maintaining growth at around that level for the following two years.

 

Copyright Reuters, 2012

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