The price of household staples such as millk, butter and potatoes have risen in the last 12 months, new figures from the Central Statistics Office show.
The figures show that inflation rose to an annual rate of 1.9% in January after a reading of 1.4% in December.
Excluding energy and unprocessed food, the consumer price index grew by 2.5% in the 12 months to January, the CSO said.
A pound of butter went up by 55 cent in January while Irish cheddar went up 35c per kg. Two litres of full fat milk went up 18c while a 2.5kg bag of potatoes went up 11c.
However, there were marginal decreases in the price of a loaf of brown sliced pan (down 2c) and a loaf of white sliced pan (down 1c) when compared with January 2024.
Alcoholic beverages and tobacco rose by 3.1%, while health costs were up 1.4% in January compared with December, the CSO said.
Today’s figures show that the most significant increases in the 12 months to January were seen in restaurants and hotels, with prices in the sector rising by 3.9% while transport costs were also 3.9% higher.
But prices of clothing and footwear fell by 6.5%, while furnishings and household equipment prices eased by 0.8%.
Meanwhile, the most significant monthly price changes were also seen in clothing and footwear, with prices down 8.6% due to sales, while the cost of recreation and culture fell by 4.3%.
