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Prices Drop

 

Updated : Jul 9, 2009

Average prices in Ireland have fallen further over the past month, according to the latest inflation figures from the CSO.

The statistics agency says average prices fell 0.3% in June, mainly due to a decrease in average mortgage payments, lower food prices and the start of summer sales for clothing and footwear.
Over the past 12 months, average prices have come down by 5.4%, with falling mortgage payments accounting for much of the decline.

The annual decline last month compares to a 4.7% fall in May and 3.5% in April.

Some might think this not so good news, but VeryHappyPig looks at the positive side. You can get alot more for your euro now!

 

 

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