'It is dangerous to be right when the government is wrong' - Voltaire

Thursday, August 7, 2008

Summer sales see inflation rate dip to 4.4%

Inflation dropped to a four-month low in July as falls in the price of clothing and household goods during the summer sales offset rises in fuel and housing costs.

The annual rate of inflation declined to 4.4 per cent from 5 per cent in June, the Central Statistics Office (CSO) said today.

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