Price Inflation Not Dying Down Yet According To IBEC

Inflation rose to 8% in the 12 months to February.

Price inflation is not dying down yet, according to IBEC.

Inflation rose to 8% in the 12 months to February, according to a flash estimate published by the CSO.

Rates have fallen every month since October's peak of 9.4%- 7.5% was recorded in January.

Pat O'Neill, from the IBEC Regional Executive Committee in the Midlands, says the European Central Bank and Government policies are directly responsible for driving prices up:

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