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Ireland CPI Rises For Fourth Month

Ireland's consumer prices increased for the fourth straight month in August, data from the Central Statistics Office showed Thursday.

The consumer price index climbed 0.7 percent year-over-year in August, just below the 0.8 percent rise in July.

Utility costs grew 6.4 percent annually in August, while prices of food and non-alcoholic beverages dropped by 2.6 percent.

On a monthly basis, consumer prices increased 0.3 percent from July, when it gained by 0.4 percent.

The EU measure of inflation or HICP, rose at a slightly slower pace of 0.9 percent yearly in August, after a 1.0 percent increase July. Month-on-month, the HICP went up 0.3 percent.

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