Annual inflation ticks up to 1% during December 

Ireland’s inflation rate in November was 0.5%, compared to an EU average of 2.2%

Food prices increased by 1.7% in the 12 months to December. 

Prices in Ireland are estimated to have risen by 1% in the year to December — a slight increase compared to November, new data from the Central Statistics Office (CSO) shows.

In November, the average annual inflation rate for the eurozone was 2.2%, while Ireland’s rate during the month stood at 0.5%.