Irish official inflation steady at 1.2% in January

Inflation in eurozone member Ireland stood at 1.2 percent in January, unchanged from the level 12 months earlier, official data showed on Thursday.

Consumer price index (CPI) inflation fell by 0.5 percent in January from December, the Central Statistics Office added in a statement.

"Consumer Prices in January, as measured by the CPI, decreased by 0.5 percent in the month. This compares to a decrease of 0.5% recorded in January of last year," the CSO said.

"Prices on average, as measured by the CPI, were 1.2 percent higher in January compared with January 2012."