Ireland Inflation Rate  1976-2018 | Data | Chart | Calendar | Forecast

Irish consumer price inflation came in at 0.4 percent in the year to June 2018, unchanged from the previous month's figure. Main upward pressure came from housing & utilities, restaurants & hotels and transport, while a decline was seen in prices of miscellaneous goods & services, food & non-alcoholic beverages and furnishings & household equipment. The core index, which excludes energy and unprocessed food, fell 0.2 percent in June after rising by 0.1 percent in May. On a monthly basis, consumer prices edged up 0.1 percent. Inflation Rate in Ireland averaged 4.57 percent from 1976 until 2018, reaching an all time high of 23.15 percent in October of 1981 and a record low of -6.56 percent in October of 2009.

Ireland Inflation Rate
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Irish June Inflation Rate Unchanged at 0.4%


Irish consumer price inflation came in at 0.4 percent in the year to June 2018, unchanged from the previous month's figure.

The largest upward contribution to the CPI came from: housing & utilities (5.4 percent vs 5.5 percent in May), mainly due to higher rents and an increase in the price of home heating oil and electricity; restaurants & hotels (2.1 percent vs 2.4 percent), primarily due to higher prices for alcoholic drinks and food consumed in licensed premises, restaurants, cafes etc. and an increase in the cost of hotel accommodation; and transport (1.5 percent vs 1.4 percent), mainly due to higher prices for diesel and petrol which offset a decrease in air fares. 

On the other hand, prices fell for: miscellaneous goods & services (-3.9 percent vs -3.6 percent), primarily due to lower health and motor insurance premiums and lower prices for appliances, articles & products for personal care; food & non-alcoholic beverages (-2.1 percent vs -2.3 percent), due to lower prices across a range of products such as meat, vegetables, jam, honey, chocolate & confectionery and bread & cereals; and furnishings, household equipment & routine household maintenance (-4.1 percent vs -4 percent), due to the reduced cost of non-durable household goods, furniture & furnishings, glassware, tableware & household utensils and household textiles.

The core index, which excludes energy and unprocessed food, fell 0.2 percent in June after rising by 0.1 percent in May.

On a monthly basis, consumer prices edged up 0.1 percent in June, after a 0.6 percent surge in May. The most significant monthly price changes were increases in restaurants & hotels (0.9 percent) and transport (0.6 percent). There were decreases in clothing & footwear (-2.5 percent) and food & non-alcoholic beverages (-0.5 percent)

The harmonised index of consumer prices rose by 0.7 percent from the previous year; and by 0.1 percent from the previous month.


CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/12/2018 10:19:39 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-10 10:00 AM Inflation Rate YoY -0.4% 0.2% 0.5%
2018-06-07 10:00 AM Inflation Rate YoY 0.4% -0.4% 0.6% 0.1%
2018-07-12 10:00 AM Inflation Rate YoY 0.4% 0.4% 0.8%
2018-08-09 10:00 AM Inflation Rate YoY 0.4% 0.6%
2018-09-13 10:00 AM Inflation Rate YoY 0.8%
2018-10-11 10:00 AM Inflation Rate YoY 0.8%


Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.40 23.15 -6.56 percent [+]
Inflation Rate Mom 0.10 0.60 8.12 -1.68 percent [+]
Harmonised Consumer Prices 101.00 100.90 101.00 59.40 Index Points [+]
Consumer Price Index CPI 101.40 101.30 102.60 7.00 Index Points [+]
Core Consumer Prices 101.00 101.10 102.50 39.70 Index Points [+]
Core Inflation Rate -0.20 0.10 10.20 -6.10 percent [+]
GDP Deflator 104.63 99.61 104.63 61.82 Index Points [+]
Producer Prices 101.50 100.70 109.40 25.00 Index Points [+]
Export Prices 93.30 89.50 113.50 15.70 Index Points [+]
Import Prices 92.90 98.40 111.90 14.30 Index Points [+]
Producer Prices Change -3.30 -4.00 22.13 -10.61 percent [+]
CPI Housing Utilities 106.20 105.80 117.80 62.00 Index Points [+]
CPI Transportation 103.80 103.20 115.90 70.60 Index Points [+]
Food Inflation -2.10 -2.30 21.10 -8.10 percent [+]


Ireland Inflation Rate

In Ireland, the most important categories in the consumer price index are: housing, water, electricity, gas and other fuels (17 percent of total weight); transport (15 percent); restaurants and hotels (14 percent) and food and non-alcoholic beverages (11 percent). The index also includes: recreation and culture (8 percent); clothing and footwear (5 percent); alcoholic beverages and tobacco (5 percent); health (5 percent) and communications (4 percent). Furnishings, household equipment, education and other goods and services account for the remaining 16 percent. This page 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 - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 23.15 -6.56 1976 - 2018 percent Monthly
2016M12=100, NSA




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 4.39 Jun/18
Canada 2.20 May/18
China 1.90 Jun/18
Euro Area 2.00 Jun/18
France 2.00 Jun/18
Germany 2.10 Jun/18
India 5.00 Jun/18
Indonesia 3.12 Jun/18
Italy 1.30 Jun/18
Japan 0.70 May/18
Mexico 4.65 Jun/18
Netherlands 1.70 Jun/18
Russia 2.30 Jun/18
South Korea 1.50 Jun/18
Spain 2.30 Jun/18
Switzerland 1.10 Jun/18
Turkey 15.39 Jun/18
United Kingdom 2.40 Jun/18
United States 2.90 Jun/18


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