Eurozone Inflation Hits Record High

Wednesday, 31 August 2022 14:30

By Caoimhe Harney

Inflation has dropped slightly in Ireland.

Eurozone inflation has hit a new record high, but has fallen slightly in Ireland.

New figures from Eurostat suggest Euro area inflation hit a record 9.1 per cent this month, on an annual basis.

That's up from 8.9 per cent in July and is the zone's highest rate since records began.

Despite the overall rise, inflation in Ireland fell for the first time this year, from 9.6 per cent to 8.9 per cent.

Economics lecturer at University College Cork, Seamus Coffey, says the colder months could bring higher rates:

More from National News

Local Property Tax Deadline Extended To Wednesday

Revenue says there has been strong engagement from property owners ahead of the original deadline, which was today.
Lawless Rejects Claim He Let Apprenticeship Exam Leak Scandal "Fester"

He said the leaking of exam materials is “entirely unacceptable” and insists he acted decisively to protect the integrity of the system.
Three Teenagers Arrested In Connection With Rioting At Citywest Hotel Last Month

The latest arrests bring the total number of people detained in connection with the disorder to 36.
Alleged Admissions Row Ignites Between Leixlip Schools Over Irish V English Language Pathways

In a letter issued to parents, Coláiste Chiaráin claimed that the Board of Management at Scoil Uí Dhálaigh has decided to stop the school from speaking to its 6th class pupils this year.
BreastCheck To Fall Short Of Screening Target For Third Year Running

Audio

219,000 women, aged between 50 and 69, are due to be examined for early signs of breast cancer, however, only 170,000 screenings are expected to be carried out by the end of the year.
Kildare Woman Forced To Urinate In Car Park As TD Pushes Law For ‘No Wait’ Toilet Access

Audio

Speaking to Kfm, Kildare woman Maria Crowe, who lives with a painful bladder condition, has to use a toilet every thirty minutes, day and night.
Dublin Jersey Among Tributes To Ryan Weir Gibbons - Death “Unnecessary And Tragic” Says Priest

Items reflecting his life and personality were brought to the altar, including a Dublin GAA jersey, his wallet and phone, a baseball cap, a can of Monster, and a cigarette and lighter - with mourners told he loved a “sneaky cigarette”.
Three Decades Later, Search For Answers In Jo Jo Dullard Case Continues

Audio

Jo Jo was last seen in Moone on November 10th 1995, after missing her bus home and hitching lifts.