Markets Update: Ires leads Irish stocks higher as Eurozone inflation falls

Irish companies were boosted by favourable figures for the Eurozone, which showed inflation fell to a two-year low in October with Irish Residential Properties REIT (Ires REIT) leading the charge as investors cheered this morning’s update.

Inflation in the eurozone dropped to 2.9 per cent in October, according to preliminary data released on Tuesday, down from 4.3 per cent the previous month and below estimates.

Core inflation - which strips out food and energy prices ...