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Investing.com -- According to data from the Central Statistics Office, Ireland’s annual consumer price index (CPI) increased to 2.2% in April, a rise from 2.0% in the previous month.
The index also showed a month-on-month growth of 0.4%.
In addition to the CPI, the Harmonised Index of Consumer Prices (HICP) also experienced an increase.
The HICP, which excludes mortgage interest costs in its calculation, rose to 2% year-on-year, up from 1.8%.
The data from the Central Statistics Office provides an important snapshot of the financial landscape in Ireland, offering insight into the changing costs of consumer goods and services.
The rise in both the CPI and HICP indicates an increase in the average prices paid by consumers for a basket of market goods and services.
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