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Irish annual deflation eases to 1.1% in November

Written by Business World, on 10th Dec 2020. Posted in Financial

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Irish consumer prices posted an annual fall of 1.1% in November, compared to a fall of 1.5% the previous month when prices showed their sharpest fall for a decade, data showed on Thursday.

Consumer prices have dropped on an annual basis for eight straight months since COVID-19 restrictions were first introduced in March.

But prices were 0.3% higher month-on-month in November, the first price growth registered by the index since June, data from the Central Statistics Office showed. (Reuters)

Source: www.businessworld.ie

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