The Central Statistical Office has noted a slight dip in the inflation rate, according to the Consumer Price Index for the month of May 2025.
In a news release yesterday, the CSO said, “The inflation rate for May 2025, which measures the percentage change in the all items index for the month of May 2025 over May 2024, was 1.4 per cent. This represents a decrease from 1.5 per cent for the previous period (April 2025/April 2024). The inflation rate for the comparative period (May 2024/May 2023) was 0.9 per cent.”
The CSO added that according to all-items index’ there was a slight increase in prices in May, compared to April.
The report said, “The all-items index calculated from the prices collected for the month of May 2025 was 125.3, representing an increase of 0.1 point or 0.1 per cent above the all items index for April 2025.”
The release continued, “The index for food and non-alcoholic beverages increased from 152.9 in April 2025 to 153.4 in May 2025, reflecting an increase of 0.3 per cent. Contributing significantly to this increase was the general upward movement in the prices of fresh whole chickens, cucumber, pumpkin, table margarine, instant coffee, white flour, oranges, bodi, soya bean oil and full cream milk. However, the full impact of these price increases was offset by the general decrease in the prices of irish potatoes, fresh carite, melongene, onions, ochroes, plantains, fresh king fish, garlic, pimento and frozen whole chicken.”
The news release closed, “A further review of the data for May 2025 compared with April 2025 reflected decreases in the sub-indices for Alcoholic Beverages and Tobacco of -0.3 per cent, clothing and footwear -0.1 per cent and health of -0.1 per cent. All other sections remained unchanged.”