Higher take-away prices help push up inflation as measured by the RPI

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Higher take-away prices help push up inflation as measured by the RPIData from the National Statistics Office today, show that in July the annual rate of inflation as measured by the Retail Price Index (RPI) was 1.0%, up from 0.97% in the previous month.

It noted that the largest upward impact on annual inflation was measured in the Food Index at 2.92%, followed by Household Equipment and Household Maintenance Costs at 2.05%.

The NSO said that this was mainly due to higher prices of take-aways and furniture respectively.

It said that the largest downward impact was recorded in the Clothing and Footwear Index -3.08%, mainly reflecting lower prices for garments.

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