The EU harmonised inflation rate rose to 3.5% year-on-year in May 2026, easing from 3.6% in the previous month, marking the lowest reading since February. Harmonised Inflation Rate YoY in Ireland averaged 2.05 percent from 1996 until 2026, reaching an all time high of 9.60 percent in June of 2022 and a record low of -2.90 percent in September of 2009. source: Central Statistics Office Ireland

Harmonised Inflation Rate YoY in Ireland decreased to 3.50 percent in May from 3.60 percent in April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 10:00 AM
Harmonised Inflation Rate YoY Prel
May 3.5% 3.6% 3.8%
2026-06-11 10:00 AM
Harmonised Inflation Rate YoY Final
May 3.5% 3.6% 3.5% 3.5%
2026-06-30 10:00 AM
Harmonised Inflation Rate YoY Prel
Jun 3.5% 3.4%


Related Last Previous Unit Reference
CPI 106.30 106.40 points May 2026
Core Consumer Prices 106.30 106.00 points May 2026
Core Inflation Rate 2.90 2.60 percent May 2026
CPI Housing Utilities 107.70 108.90 points May 2026
CPI Transportation 106.30 106.90 points May 2026
Export Prices 90.60 93.50 points Mar 2026
Food Inflation 1.30 2.00 percent May 2026
Harmonised Consumer Prices 103.18 103.34 points May 2026
Harmonised Inflation Rate MoM -0.20 0.50 percent May 2026
Harmonised Inflation Rate YoY 3.50 3.60 percent May 2026
Import Prices 107.90 106.20 points Mar 2026
Inflation Rate YoY 3.60 3.70 percent May 2026
Inflation Rate MoM -0.10 0.50 percent May 2026
Wholesale Prices MoM 0.20 3.10 percent Apr 2026
Producer Prices 106.90 106.70 points Apr 2026
Wholesale Prices YoY 1.40 -0.20 percent Apr 2026


Ireland Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.60 9.60 -2.90 1996 - 2026 percent Monthly
NSA

News Stream
Ireland Harmonised Inflation Edged Down to 3.5%
The EU-standard Harmonised Index of Consumer Prices (HICP) in Ireland rose by 3.5% year-on-year in May 2026, easing slightly from a 3.6% rise in April, according to preliminary estimates. Energy inflation is estimated to have eased to 11.9% from 15.5% in the previous month. Food inflation also softened, slowing to 1.4% from 2.0%. In contrast, services inflation accelerated to 3.7% from 3.3%. Excluding energy and unprocessed food inflation is is estimated to have edged up to 2.7% from 2.6% in April. On a monthly basis, harmonised consumer prices fell 0.1% in May, reversing the 0.5% increase in the previous month.
2026-05-29
Ireland Harmonised Inflation Steady at 3.6%
The EU-standard Harmonised Index of Consumer Prices (HICP) in Ireland rose 3.6% year-on-year in April 2026, unchanged from the previous month, according to preliminary estimates. Energy prices, however, accelerated to 15.5% from 12.3% in March, reflecting upward pressures mainly linked to recent developments in the Middle East. In contrast, food price inflation moderated slightly, rising 2% compared with 2.3% in the previous month, while services also edged down to 2.9% from 3.3%. Excluding energy and unprocessed food, harmonised inflation is estimated to have edged down to 2.3% from 2.6%. On a monthly basis, harmonised consumer prices edged up 0.4% in March, down from 1.8% in the preceding period.
2026-04-29
Ireland Harmonised Inflation at 2023-Highs
The EU-standard harmonized index of consumer prices (HICP) in Ireland rose by 3.6% year-on-year in March 2026, accelerating from 2.5% in February, according to preliminary estimates. This marks the highest reading since October 2023, as energy prices surged by 12.3%, up from an increase of 0.1% in the previous month, influenced by geopolitical tensions in the Middle East. The Central Statistical Office notes that these prices were collected before government measures on energy costs were introduced, which include a cut to fuel excise duty. Food prices are estimated to rise by 2.3% and services by 3.3%. Excluding energy and unprocessed food, harmonised inflation is estimated to have risen to 2.6%, up from 2.4% in February.
2026-03-30