The annual rate of inflation as measured by the Consumer Price Index held steady at 3 per cent in October.
A breakdown of the October CPI shows that increases in the costs of energy and housing were offset by lower prices for clothes and shoes.
The EU Harmonised Index of Consumer Prices (HICP) - which measures Irish inflation against the rest of the EU - fell from 2.8 per cent in September to 2.7 per cent in October.
Although the knock-on effects of higher oil prices are being felt by households in the form of higher heating and fuel bills, other areas of spending such as clothing and home furnishings are falling in price.
The index shows that inflation for goods was 1.7 per cent in October while the corresponding rate for services was 4.1 per cent.
The cost of education rose again in October with increased third level "enrolment" fees and higher fees for private secondary education.