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Ireland’s trade surplus surged in November while annual consumer price index inflation came down in December, data published by the Central Statistics Office showed Thursday. The country’s annual CPI rate slowed to 2.8% in December from 3.2% in November. Monthly, consumer prices rose 0.5% in December after a 0.2% decline in November. On a harmonised level allowing for EU-wide comparison, Irish inflation cooled to 2.7% in December from 3.1% in November. Monthly, harmonised prices were up 0.6% in December after a 0.2% fall in November. The harmonised figures confirmed initial figures published by the CSO last week Tuesday. Meanwhile, Ireland’s trade surplus surged in November, up 34% to €5.75 billion from €4.29 billion in October. Exports rose 8.9% monthly in November to €17.65 billion from €16.21 billion, while imports were down 0.2% to €11.90 billion from €11.92 billion. Notably, Ireland’s trade surplus with the US narrowed by 14% to €2.23 billion in November from €2.60 billion the CSO had reported for October. However, Ireland’s trade surplus with the rest of the EU jumped 25% to €3.75 billion in November from €3.01 billion in October. Ireland’s trade deficit with Great Britain narrowed by 8.9% to €133 million in November from €146 million in October. However, it had a trade deficit with Northern Ireland of €6 million in November compared to a surplus of €54 million in October. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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