CSO figures show the price of some food has risen sharply in the past year

The cost of insuring your car has risen by 11% in the last year, according to new figures from the Central Statistics Office.

Car insurance premiums have been rising month on month and now stand at 15 times the rate of inflation.

The cost of buying a car has also risen in the past 12 months, however the average price of petrol and diesel has fallen by nearly 10%.

The CSO figures also reveal that over the last 12 months, the average price of butter has risen by nearly 50%, the price of a bag of potatoes is up by 31%, while cheese has increased by nearly 10%.