Ireland's annual inflation down to 8.7% in August

Ireland's annual inflation down to 8.7% in August

Country's inflation falls from 9.1% in July

By Gokhan Ergocun

ISTANBUL (AA) - The annual inflation rate in Ireland came in at 8.7% in August, down from 9.1% in July, official figures showed on Thursday.

The main contributors to the inflation were housing, water, electricity, gas, and other fuels with 20.3%, and transport with 14.8%, according to the Central Statistics Office.

Meanwhile, education (minus 0.7%), miscellaneous goods and services (minus 0.5%) showed decreases.

"This is the eleventh straight month where the annual increase for the CPI has been at least 5.0%," the country's statistical authority said.

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