Inflation Rate in Ireland decreased to 1.70 percent in May from 2.20 percent in April of 2025. This dataset provides the latest reported value for - Ireland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ireland inflation rate for 2024 was 2.11%, a 4.19% decline from 2023.

<ul style='margin-top:20px;'>

<li>Ireland inflation rate for 2023 was <strong>6.30%</strong>, a <strong>1.53% decline</strong> from 2022.</li>
<li>Ireland inflation rate for 2022 was <strong>7.83%</strong>, a <strong>5.49% increase</strong> from 2021.</li>
<li>Ireland inflation rate for 2021 was <strong>2.34%</strong>, a <strong>2.67% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The inflation rate for the Republic of Ireland in May 2025 was *** percent, down from *** percent in the previous month. During the provided time period, inflation reached a peak of *** percent in October 2022, and was at its lowest in October 2020, when prices were falling by *** percent. In the most recent month, the sector which had the fastest rate of price rises was food, at **** percent, while prices were falling by *** percent for transportation. Inflation subsides but remains a key issue Like in many other economies, the global inflation crisis, led to increased inflation in Ireland from 2021 to 2023, reaching a peak of *** percent in late 2022. As of October 2024, approximately ** percent of people in Ireland, still saw inflation as one of the top two most important issues facing the country, down from ** percent in July 2022. Furthermore, inflation was second only to housing as a top issue in the country, ahead of health, immigration, and climate change. Another survey highlights the fact that despite inflation subsiding, people are still struggling with the cost of living. When asked how well they are coping financially, just ****** percent of respondents advised they were living comfortably, with ** percent just getting by, and almost a quarter finding it quite, or very difficult. Key economic indicators of Ireland Ireland's overall gross domestic product (GDP) in 2024 was estimated to be over ***** billion U.S. dollars, up from ***** billion dollars in 2023. Due to the presence of several multinational companies in the country, however, Ireland's GDP figure can be misleading. In 2022, for example, while overall GDP was ***** billion Euros, gross national income (GNI) was just ***** billion Euros, with modified GNI even lower at ***** billion Euros. Looking at Ireland's labor market, there were around **** million people employed in the country in 2024, while the unemployment rate has, as of early 2025, fluctuated between **** and *** percent since April 2022.

In 2024, the inflation rate in Ireland amounted to about 1.32 percent compared to the previous year. Ireland’s inflation is forecast to stabilize over the coming years at around two percent. The Irish recessionIreland’s economy was the first one in the EU to collapse and enter a recession during the financial crisis of 2008. Unemployment skyrocketed, gross domestic product declined, many Irish workers emigrated to find jobs elsewhere, and even a decade later, Ireland still struggles to return to its former standards. GDP growth, for example, still fluctuates considerably, just like inflation, and unemployment seems to have only just recovered. To good health and a stable economy The Central European Bank recommends a stable inflation around two percent as ideal, and Ireland seems to be on the right track. Most of its GDP is generated by services, for example tourism and financial services. However, the alcohol industry is also an important player: In 2018, more than 3.7 billion U.S. dollars in revenue were reported by the Irish alcoholic drinks market.

The inflation rate in the Republic of Ireland in May 2025 was two percent, with alcoholic beverages and tobacco prices rising the fastest at 4.2 percent.

Core consumer prices in Ireland increased 2.60 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Ireland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Harmonised Inflation Rate YoY in Ireland increased to 1.60 percent in June from 1.40 percent in May of 2025. This dataset includes a chart with historical data for Ireland Harmonised Inflation Rate YoY.

In May 2025, the core inflation rate, which excludes food and energy price increases, in the Republic of Ireland was 1.9 percent, unchanged from the previous month.

The Consumer Price Index in Ireland decreased 0 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - Ireland Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Ireland was 1.42 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.02 percent. Compared to a year ago, we see a decrease from the inflation...

Graph and download economic data for Inflation, consumer prices for Ireland (FPCPITOTLZGIRL) from 1960 to 2024 about Ireland, consumer, CPI, inflation, price index, indexes, and price.

The inflation rate for education in the Republic of Ireland in March 2025 was 2.3 percent, unchanged from the previous month.

The inflation rate for miscellaneous goods and services in the Republic of Ireland in March 2025 was 2.4 percent, down from 2.5 percent in the previous month.

Inflation, monthly percent change in the CPI in Ireland, May, 2025 The most recent value is 0 percent as of May 2025, a decline compared to the previous value of 0.41 percent. Historically, the average for Ireland from February 1996 to May 2025 is 0.17 percent. The minimum of -1.43 percent was recorded in January 2024, while the maximum of 2.05 percent was reached in March 2022. | TheGlobalEconomy.com

Cost of food in Ireland increased 4 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Ireland Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate for health in the Republic of Ireland in March 2025 was 2.6 percent, up from 2.5 percent in the previous month.

Inflation, consumer prices (annual %) in Ireland was reported at 2.1134 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ireland - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

La tasa de inflación armonizada mensual en Irlanda disminuyó al 0 por ciento en mayo desde el 0.40 por ciento en abril de 2025. Esta página muestra un gráfico con datos históricos para la Tasa de Inflación Armonizada de Irlanda Mes a Mes.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Ireland (CPGRLE01IEQ657N) from Q1 1976 to Q3 2023 about Ireland, core, all items, CPI, inflation, price index, indexes, and price.

The inflation rates of energy commodity prices in Ireland increased significantly in 2022. Liquid fuels saw the steepest rise, with the inflation rate standing at 126.6 percent in March 2022. Gas also saw an increase during late 2022, with inflation reaching its peak in October 2022 at 93.4 percent. These increases in inflation were driven by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility. By the middle of 2024, however, the energy commodity prices had decreased compared to the previous year.