ISTANBUL

The annual inflation rate of Ireland saw a record high level of 7% in April, official figures showed on Thursday.

The largest increases were seen in transport with 18.9%, housing, water, electricity, gas and other fuels with 17.1%, and alcoholic beverages and tobacco with 5.1%.

Meanwhile, there were decreases in miscellaneous goods & services (-1.6%), education (-0.8%) and health (-0.4%) year-on-year in April.

On o monthly basis, the inflation rate was 0.9% in April.

In March 2022, the annual inflation rate stood at 6.9%, while it was 1.1% in April 2021.

Before March 2022, the rate had never reached 6% since the record keeping started in February 1997, according to Eurostat data.