Ireland's consumer prices grew at their fastest pace in almost 21 years in February, the Central Statistics Office said on Thursday.
Consumer price inflation rose to 5.6% in February, from 5.0% in January. This was the strongest since April 2001.
Among the divisions, transport prices grew the most, by 15.4%. Housing, water, electricity, gas and other fuels climbed 12.7% and alcoholic beverages and tobacco prices moved up 7.8%.
Month-on-month, consumer prices advanced 0.9%, in contrast to the 0.4% drop in January. EU harmonized inflation rose to 5.7% in February, from 5.0% in January.
Month-on-month, the harmonized index of consumer prices gained 0.9%, reversing a 0.4% drop in January.
