Latest inflation data comes as European Central Bank is expected to reduce interest rates by another quarter point
Headline inflation in the Irish economy remained close to a three-year low of 1 per cent in November, marginally up on the 0.7 per cent recorded the previous month, according to the latest consumer price index .
Prices in Ireland are still rising but the rate of growth, on an annual basis, has eased significantly as the energy price shock has subsided. The divisions with the largest increases in the 12 months to November were restaurants and hotels and alcoholic beverages and tobacco .
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