DUBLIN: Consumer prices fell 0.6 per cent in March compared with 2014, new data showed, the fourth consecutive month of decline on an annualised basis.
But despite the yearly decline, costs showed a rise compared with February, increasing by 0.6 per cent.
On an annual basis, transport costs were key in driving the index lower, falling 4.9 per cent over the year as petrol and diesel costs fell, while sales contributed to a 4.1 per cent decline in the cost of clothes and footwear. Food prices were 2.7 per cent lower year on year as the cost of products such as bread, cereals and meat fell.
