Ireland CPI reached 6-month high

The inflation rate consumer prices of Ireland grew to its highest level in six months in October, as evidenced by data from the Central Statistical office showed Thursday.
The consumer price index rose to 0.6% yoy, after rising 0.2% in September. Growth for the third consecutive month, the rate also was the highest since April, when inflation was 0.9%.
Comparing with the previous month, the CPI fell 0.1% in October, after falling 0.6% in September. The decline in prices observed for the second month in a row.
The harmonized index of consumer prices, or HICP, rose 0.5% in annual terms, after rising 0.2% in the previous month. The growth rate was the highest since April, when prices increased by 0.7%. The EU measure of inflation dropped by 0.1% month-on-month, after declining 0.6% in September.

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