July inflation remains steady at 3.4% as annual education costs climb 8.9%

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Prices rose by 3.4 per cent in the year to July.

That is the same rate of increase recorded in the 12 months to June.

CSO figures show Education Services saw the highest price rises of 8 point 9 per cent in the year, while housing, electricity, gas and other fuels saw a 7.7 per cent increase.

No division recorded a decline in prices when compared to last year; that's the first time this has happened since December 2021.

Clothing & Footwear rose by +8.5 per cent, Housing, Water, Electricity, Gas & Other Fuels up by +7.7 per cent, and Insurance & Financial Services by +5.5 per cent.

No division recorded a decline in prices when compared with July 2025, the first time this has occurred since December 2021.

Consumer prices rose by 0.1 per cent in the month between June 2026 and July 2026.

The divisions that recorded the highest rises in the month were Recreation, Sport & Culture +2.7 per cent and Housing, Water, Electricity, Gas & Other Fuels +0.8 per cent.

The divisions that recorded...



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