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Consumer prices fell again in November

Food - Prices fell
Food - Prices fell

Consumer prices continued to fall sharply in November, although not as quickly as in recent months, according to the Central Statistics Office.

Prices dropped at an annual rate of 5.7% in November, compared with an annual drop of 6.6% in October.

The CSO said lower food prices were offset by higher transport and education costs.

Food prices were down 0.8% from October, with the prices of alcoholic drinks and tobacco fell 0.4%.

However, transport costs rose 0.8% in the month due to higher petrol and diesel prices and an increase in air fares. Education costs jumped by 1%.

Rents continued to fall - down 1.9% in the month - but mortgage interest costs edged up another 0.1%.