Milk Price Drops: Third Retailer Cuts Prices Amid Inflation
News Context
At a glance
- * The annual inflation rate in Ireland has risen too 2.9%, the highest it's been since March 2024.
- * Irish Cheddar (per kg): +69c * Butter (per pound): +68c * Full Fat Milk (2 litres): +27c
- The information comes from the Central Statistics Office (CSO) and Statistician Anthony Dawson.
Here’s a summary of the provided text:
Ireland’s Inflation Rate:
* The annual inflation rate in Ireland has risen too 2.9%, the highest it’s been since March 2024.
* Food and non-alcoholic beverages saw the largest increase, rising by 4.7% in the last year.
* Miscellaneous goods and services increased by 3.7%.
Specific Price Increases:
* Steak: Up €5 per kilogram.
* Irish Cheddar (per kg): +69c
* Butter (per pound): +68c
* Full Fat Milk (2 litres): +27c
Price decrease:
* Potatoes (2.5kg bag): -42c
The information comes from the Central Statistics Office (CSO) and Statistician Anthony Dawson.