By way of comparison, Eurostat‘s estimate for Irish inflation was 5.7 per cent in February, and just 0.1 per cent in March 2021.
said on Wednesday that policy measures to ease the impact of soaring inflation should be targeted and temporary, so that they do not contribute to the problem. Inflation here, measured under the harmonised index of consumer prices, was running at 5.7 per cent in February, while it stood at 5.8 per cent across the euro zone. The European Central Bank’s inflation target is about 2 per cent.
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