Market comment

Irish residential property price inflation steady at 1%


Yesterday’s (May 14th) Residential Property Price Index (RPPI) showed inflation steady at 1%, positive in Dublin for the first time in almost a year but falling outside to the capital to 1.5% — the slowest pace this cycle. Irish CPI inflation was -0.1% in April, falling back into negative territory for the first time in two years, pushed down by falling energy costs and residential rents.

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May 15 2020, 07:55 IST/BST