Ireland’s Inflation Slows But Pressure Lingers | Dublin News

Ireland’s inflation is cooling—down to 3.3% in June from 3.5%—thanks to falling energy prices and easing global tensions, but the Central Bank warns past price hikes will still ripple through the economy. While energy dropped 1.9% month-on-month, it’s still up 10% year-over-year, and food prices dipped slightly but remain higher than last year. Core inflation sits at 2.6%, and with the ECB’s rate path uncertain, more hikes can’t be ruled out. Eurostat’s eurozone data is next—watch this space. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6bd0ed5235ff10fc