Annual Ireland consumer price deflation eases
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. ■