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Slight decrease in September consumer prices

There was a 0.1% decrease in consumer prices in September, according to the latest figures released by the CSO this morning, compared to a 0.3% increase in September of last year.

However, prices on average were 1.6% higher in September compared with September 2011.

Education prices saw a 9.6% increase, while transport saw a 7.9% over the course of the year.

Transport, however, saw a monthly drop of 1.1%, due to a decrease in airfares, though that was partially offset by increased in petrol and diesel prices.

There was an increase of 2.9% in clothing and footwear, due to a recovery of prices following summer sales.

Cigarettes and alcohol jumped 0.6%, mainly due to an increase of prices in off licences and supermarkets.