Headline annual inflation in the Irish economy dropped to 0.7 percent in September according to the CSO.
The main driver downwards of the Irish inflation rate is the dramatic drop in the cost of energy on the international markets. Core inflation was higher at 2.4 percent - volatile grocery and energy prices are not included in that rate.
People are still experiencing the effects of high prices in their grocery shops, with prices climbing ever upward.
The UK inflation rate for September weighed in at 1.7 percent, prompting more analysis of economic indicators and potential interest rate drops by the Bank Of England.
