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Annual Ireland consumer price deflation eases

Christian Fernsby |
Ireland's consumer price deflation eased in January on an annual basis, the latest figures from the Central Statistics Office showed on Thursday.

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Topics: IRELAND   

Irish consumer prices fell 0.2% year-on-year in January, following a 1.0% decline in December.

By the EU harmonised inflation measure, prices fell by 0.1% annually in January, easing from a 1.0% fall in December.

On a monthly basis, consumer prices in Ireland rose 0.1% in January, slowing from a rise of 0.3% in December. By the EU measure, prices rose 0.2% month-on-month in January, an unchanged pace from December.

The divisions which caused the largest downward contribution to the CPI in the year were transport, food and non-alcoholic beverages, the CSO said.

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