Irish inflation drops to 2.5% as energy prices fall

Latest figures from Eurostat show Irish inflation rate falling to lowest rate in over two years

Compared with October, annual inflation across the 27-nation EU fell to 3.1%, compared to a eurozone figure of 2.4%

Irish inflation has tumbled once again from record highs in 2022, closing further in on the eurozone average of 2.4%. 

Latest figures from EU statistics agency, Eurostat found Irish inflation fell to a more than 2-year low of 2.5% in November, driven by consecutive falls in domestic energy prices.