The article name Consumer prices down marginally on the Irishtime.com said that compare withe October, the consumer prices fell o.1 per cent in November.
During November, alcohol and tobacco prices fell 1 per cent, due to supermarkets and off-licences reduced their price. The prices at restaurants and hotels were down 0.4 per cent against October levels. Because of the price of second-hand cars fell, the transport also decline slightly, about 0.3 per cent. The percentage of the total cost of food and transport was decreasing. However, the price of clothing and footwear rise 1.9 per cent as prices recovered.
"The EU Harmonised Index of Consumer Prices, which excludes such items as mortgage interest and car tax, was down 0.2 per cent in the month." as the article said.
The most significant changes in the consumer prices index is the this year were the rise price of housing, water, electricity, gas and so on, increase 9.2 per cent. And also the cost of communications rose 2.9 per cent compared with last year. As Avine McNally said, the rising of the prices were driven by the public utility costs.
In my opinion, the prices of the energy will still increasing in the future until person find new energy instead of oil.
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