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Dublin: 9 °C Tuesday 21 May, 2013

Education costs up 9.4 per cent in year to July

Latest Consumer Price Index from the CSO shows increases in education, transport, alcohol and tobacco since July 2011.

Image: Photocall Ireland

EDUCATION COSTS have risen by almost 10 per cent in the year since July 2011, according to the latest Consumer Price Index from the CSO.

The CPI fell 0.1 per cent between June and July 2012, but prices on average are up 1.6 per cent on July of last year.

Other areas which saw price increases over the 12 months were transport (up 7 per cent), alcoholic beverages and tobacco (up 3 per cent) and miscellaneous goods and services (up 4.6 per cent).

The CPI recorded a drop in consumer prices for furnishings, household equipment and routine household maintenance (down 2.4 per cent), recreation and culture (down 1.6 per cent) and communications (down 1.6 per cent).

Traditional summer sales contributed in a monthly drop in clothing and footwear prices (down 1.5 per cent from June 2012), while the CSO says an increase in airfares pushed up transport prices. Higher hotel prices contributed to a 0.3 per cent monthly increase in restaurants and hotels.

The annual rate of inflation for services was 2.5 per cent in the year to July.

According to the EU Harmonised Index of Consumer Prices, prices on average were 2 per cent higher in July 2012 compared with last year.

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Comments (8 Comments)

  • I see today in the Examiner that student loans from BoI will be charged at 5.1% interest, and 10.8% for postgrads. In Britain, under a Tory government, the rate is 1.5%.

    Reply
    • Ben Gunn 09/08/12 #

      The UK Government operates a student loan scheme to enable students to fund tuition fees of upto £9,000 per annum plus living expenses. Interest starts to accumulate, after the student has left college, at the rate of inflation.

      Bank run student loan schemes in Ireland are commercial products.

      Reply
    • ‘Bank run student loan schemes in Ireland are commercial products.’

      Precisely. Let the ‘free’ market reign.

      Reply
  • What a shock were in a recession and told we need to slash wages and welfare and yet things like school books actually increase in price.The book publishers like alot of groups in this country seem to have the government over a barrel or in there pockets because rather than come down in price, there seems to be a monopoly of ways of increasing each year and also new ways to stop having books handed down or sold on. Prices go up on other goods and services yet IBEC, ISME and the likes bitch and whinge that there lot can’t afford the minimum wage and crap well lads maybe ye should ask the government why they can’t control price increases so people could then afford to take pay cuts

    Reply
    • The sooner parents’ groups ask for an explanation from their school boards as to why it is not school policy to buy a set of 24 books for the room rather than forcing every family to buy the books the better.

      There are excuses against this but easy solutions to the holes people will pick in the idea.

      Reply
  • This Govt’s policies are driving up the price of everything, while they leave us with less in our pockets…All to pay the Unsecured Gamblers.

    No chance Govt or their Advisors will reduce their own Salaries, Expenses & Perks….!!!

    Reply
  • its a monopoly between the shops that sell the uniforms and books and the companys that make them. schools have to share the blame because they design the uniforms and then let only one shop in an area sell them. the major retailers do carry uniforms at a fraction of the price but the schools are clever enough to complicate their designs so that they have to be bought in a certain shop. what would happen if i sent my kids to school in a generic iniform available from the main retailers? what would happen if we all did this?

    Reply
  • The secondary school my kids attend have now insisted that an a4 zipped mesh folder is bought for each folder, school tie is now compulsory and they have introduced for 1st years this year an outdoor jacket as compulsory!

    Reply

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