Irish inflation falls to second lowest in euro area at 1.4%

New figures show euro area annual inflation rate fell marginally to 2.3% in February 

he euro area annual inflation rate fell marginally to 2.3% in February, coming in closer to the European Central Bank's (ECB) target of 2%

Inflation in Ireland has fallen to the second lowest in the euro area, with annual Irish price levels rising by 1.4% in February.

New figures released by Eurostat on Tuesday showed Ireland had the lowest inflation rate after France, where annual price levels fell to 0.9% last month.