Irish annual core inflation, which excludes energy and unprocessed food, stood at 0.1 percent in November 2018, unchanged from the previous month. It is at the lowest level since August. Core Inflation Rate in Ireland averaged 2.66 percent from 1983 until 2019, reaching an all time high of 10.20 percent in January of 1984 and a record low of -6.10 percent in October of 2009.
Core Inflation Rate in Ireland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Ireland to stand at 0.90 in 12 months time. In the long-term, the Ireland Core Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.