Irish inflation 0.5 percent higher year-on-year in November

DUBLIN: Irish consumer prices rose 0.5 percent on an annual basis in November, a touch lower than the six-month high reached in October, data from the Central Statistics Office showed on Thursday.

Ireland has been the fastest-growing economy in Europe for the last three years, but inflation has remained largely flat over that period. Most recently, the Brexit-related fall in the value of Britain's pound against the euro has made imports cheaper.