Belfast Telegraph

Irish prices 15% above EU average

Prices for goods in the Irish Republic are the fifth most expensive in the EU, down from second, according to figures from the Central Statistics Office in Dublin.

Prices are still 15% above the EU average in recent years despite a drop in inflation.

Official figures revealed Ireland remained the fifth most expensive state in Europe in 2012, with consumers only in Denmark, Sweden, Finland and Luxembourg only paying more.

At the same time Ireland was the only country in Europe to record a decrease in inflation over the previous four years, the Central Statistics Office (CSO) confirmed.

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