Officials in Ireland hopeful as inflation falls below 5 percent

DUBLIN, Ireland: Ireland has seen a drop in inflation below the 5 percent mark for the first time in nearly two years, according to new data released by the Central Statistic Office (CSO). The figures reveal that prices have increased by 4.8 percent over the past 12 months, with a 0.8 percent rise in June, compared to May.

This decrease in inflation is notable when compared to the inflation figure of 5.4 percent