The pace of harmonised consumer price inflation in Ireland sped up in November, data published by the Central Statistics Office showed Thursday.

The harmonised index of consumer prices, which allows for EU-wide comparison, picked up to 0.5% in November from 0.1% in October.

Monthly, prices fell by 0.5% in November. For October, the CSO had reported monthly growth of 0.3%.

Separately, the CSO announced wholesale manufacturing producer prices fell by 1.7% on-year in October, slowing from a 2.6% contraction in September.

Notably, annual wholesale electricity prices declined by 1.5% in October after rising by 1.0% on-year in September.

Monthly, manufacturing prices were 1.6% higher in October, after a decline of 0.7% in September.

The monthly climb in wholesale electricity prices slowed to 9.6% in October after jumping 12% in September.

Finally, the CSO reported that the volume of retail sales rose by 0.9% on-year in October, up from 0.4% on-year growth in September.

The sector with the sharpest annual growth was books, newspapers & stationery with 17%, followed by clothing, footwear & textiles which were up 11%.

The sharpest annual decline was in bars with 7.4%, followed by electrical goods with a 5.0% contraction.

Monthly, the volume of retail sales fell by 0.1% in October, after an increase of 0.5% in September.

The largest monthly increase was in books, newspapers & stationery with 5.2%, followed by other retail sales with 2.2%.

The sharpest monthly decline was in electrical goods with 1.4%, followed by furniture & lightning with a 1.1% fall.

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