Inflation rate drops

The annual rate of inflation dropped last month and stood at 3.2 per cent in August.

Prices on the whole have risen considerably over the past 12 months with food and drink hit especially hard.

Basic food goods are five per cent more expensive that August last year while alcohol is up 3.5 per cent.

Tobacco is now 6.6 per cent dearer and household goods will cost you more than eight per cent more.

There hasn't been too much change on household services or leisure goods but travel costs have jumped 2.4 per cent.

Excluding housing items are more than 2.5 per cent more costly in 2013.