Irish Property Prices are dropping but, unfortunately, the cost of living in Ireland for 2008 looks set to rise!
Below are the average annual inflation rates:
1997 +1.5%
1998 +2.4%
1999 +1.6%
2000 +5.6%
2001 +4.9%
2002 +4.6%
2003 +3.5%
2004 +2.2%
2005 +2.5%
2006 +4.0%
2007 +4.9%
2008 (forecast) +3.5%
(Source: CSO. Forecast from Central Bank Q1 2008 bulletin.)
Below are the average annual inflation rates:
1997 +1.5%
1998 +2.4%
1999 +1.6%
2000 +5.6%
2001 +4.9%
2002 +4.6%
2003 +3.5%
2004 +2.2%
2005 +2.5%
2006 +4.0%
2007 +4.9%
2008 (forecast) +3.5%
(Source: CSO. Forecast from Central Bank Q1 2008 bulletin.)