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(AP Photo/Ferdinand Ostrop)

Cost of living rises in the eurozone but not so much in Ireland

Comparing April and May figures, annual inflation rose in 16 member states, remained stable in six and fell in four.

INFLATION IN THE eurozone rose by 1.4 per cent in May, up from 1.2 per cent in April, almost half the 2.4 per cent rate it was a year earlier.

In May, the cost of living in Ireland was at an annual rate of 0.5 per cent, the same as April and only a small fraction when compared with the highest average annual rate of 4.4 per cent in Romania.

The lowest annual rates for May were in Greece (-0.3 per cent), Latvia (-0.2 per cent) and Cyprus (0.2 per cent), and the highest were found in Romania (4.4 per cent), Estonia (3.6 per cent ) and the Netherlands (3.1 per cent).

Compared with April 2013, annual inflation rose in 16 member states, remained stable in six and fell in four.

The lowest 12-month average rates up to May 2013 were registered in Greece (0.3 per cent), Sweden (0.7 per cent) and Latvia (1.1 per cent), and the highest in Hungary and Romania (both 4.3 per cent) and Estonia (3.9 per cent).

(Graph: Eurostat)

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20 Comments
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    Mute Liberté et Egalité
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    Jun 24th 2014, 5:21 PM

    Is the RCC making any contribution to this compensation fund? They were the employer and they received money both from the State and from the businesses which they carried work out for. Surely, there must be some liability there. Perhaps, a transfer of RCC school property to the State, if they are stuck for ready cash?

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    Mute Lyndsay Rehn
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    Jun 26th 2014, 12:24 AM

    The RCC have not paid one single euro into the fund nor have any of the Orders of Nuns.

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    Mute Smokeyno7
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    Jun 24th 2014, 5:04 PM

    Is it me or does the compensation sound small. They worked for years as slave labour in these laundries.

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    Mute Ross Casey
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    Jun 24th 2014, 5:18 PM

    Whether intending to or not you’ve made their claim only about money.

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    Mute Liberté et Egalité
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    Jun 24th 2014, 6:45 PM

    @Ross

    I’ve seen a few of these ladies on TV and they have stated that they are looking for an official apology.

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    Mute Ross Casey
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    Jun 24th 2014, 6:49 PM

    Read my comment fully. It was directed at the first comment who said that the money was too low.

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    Mute Smokeyno7
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    Jun 24th 2014, 10:04 PM

    Maybe that’s the your mind works so you picked it up like that. If they looked for or didn’t that doesn’t change the fact they should be fairly compensated.

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    Mute Michael Looney
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    Jun 24th 2014, 5:29 PM

    Why aren’t the RCC paying the full amount?? Typical, the Irish government bend over and take it up the ar se every time from this corrupt and perverted cult!! Time to separate church and state for once and for all!!

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    Mute rachel walsh
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    Jun 24th 2014, 5:05 PM

    It’s a good start, but i think they want vindication as well.

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    Mute Shane Mullally
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    Jun 25th 2014, 1:10 AM

    It seems small change-maybe there waiting for these people to disappear off the planet for good,to reduce that €12 million compo figure!…

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    Mute Lyndsay Rehn
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    Jun 26th 2014, 12:21 AM

    The maths on that don’t add up and there is nothing wrong with my calculator.If you take 357 and even assume they were at top of scale. They got lump sum of 65,000 multiply that by 357 and you get 23,205,000 that’s not 12.8 million

    Also when she states CERTAIN MEDICAL SCHEMES I would like to know exactly what schemes she is referring to.

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