15th Jan 2026 11:20
(Alliance News) - 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 EUR5.75 billion from EUR4.29 billion in October.
Exports rose 8.9% monthly in November to EUR17.65 billion from EUR16.21 billion, while imports were down 0.2% to EUR11.90 billion from EUR11.92 billion.
Notably, Ireland's trade surplus with the US narrowed by 14% to EUR2.23 billion in November from EUR2.60 billion the CSO had reported for October.
However, Ireland's trade surplus with the rest of the EU jumped 25% to EUR3.75 billion in November from EUR3.01 billion in October.
Ireland's trade deficit with Great Britain narrowed by 8.9% to EUR133 million in November from EUR146 million in October. However, it had a trade deficit with Northern Ireland of EUR6 million in November compared to a surplus of EUR54 million in October.
By Tom Budszus, Alliance News slot editor
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