The annual inflation rate in Ireland edged down to 3.6% in May 2026 from 3.7% in the previous month. Price growth eased for food and non-alcoholic beverages (1.3% vs 2% in April), alcoholic beverages and tobacco (2.4% vs 2.7%), clothing and footwear (7.4% vs 7.9%), housing utilities (7.1% vs 8.1%), recreation and culture (0.6% vs 1.2%), and restaurants and hotels (3.7% vs 3.9%). In contrast, costs increased in insurance and financial services (5.8% vs 5.3%), health (1.7% vs 1.6%), information and communication (1.3% vs 1%), and transportation (6.1% vs 3.8%), while inflation remained steady for education (8.9%). On a monthly basis, consumer prices dropped 0.1% in May, following a 0.5% growth in the preceding period. source: Central Statistics Office Ireland

Inflation Rate in Ireland decreased to 3.60 percent in May from 3.70 percent in April of 2026. Inflation Rate in Ireland averaged 4.31 percent from 1976 until 2026, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Ireland decreased to 3.60 percent in May from 3.70 percent in April of 2026. Inflation Rate in Ireland is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Inflation Rate is projected to trend around 2.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 10:00 AM
Inflation Rate YoY
Apr 3.7% 3.6% 3.6%
2026-06-11 10:00 AM
Inflation Rate YoY
May 3.6% 3.7% 3.7%
2026-07-09 10:00 AM
Inflation Rate YoY
Jun 3.6% 3.5%


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 94.60 93.70 points Apr 2026
Food Inflation 1.30 2.00 percent May 2026
Harmonised Consumer Prices 103.18 103.34 points May 2026
Import Prices 110.00 109.60 points Apr 2026
Inflation Rate YoY 3.60 3.70 percent May 2026
Inflation Rate MoM -0.10 0.50 percent May 2026
Producer Prices 106.90 106.70 points Apr 2026
Wholesale Prices YoY 1.40 -0.20 percent Apr 2026


Ireland Inflation Rate
In Ireland, the most important categories in the consumer price index are: housing, water, electricity, gas and other fuels (16 percent of total weight); restaurants and hotels (15 percent); transport (14 percent); miscellaneous goods and services (12 percent); and food and non-alcoholic beverages (11 percent). The index also includes: recreation and culture (7 percent); alcoholic beverages and tobacco (6 percent); furnishings, household equipment and maintenance (5 percent). Clothing and footwear; health; communications; and education account for the remaining 13 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.70 23.15 -6.56 1976 - 2026 percent Monthly
2023M12=100

News Stream
Ireland Inflation Rate Eases in May
The annual inflation rate in Ireland edged down to 3.6% in May 2026 from 3.7% in the previous month. Price growth eased for food and non-alcoholic beverages (1.3% vs 2% in April), alcoholic beverages and tobacco (2.4% vs 2.7%), clothing and footwear (7.4% vs 7.9%), housing utilities (7.1% vs 8.1%), recreation and culture (0.6% vs 1.2%), and restaurants and hotels (3.7% vs 3.9%). In contrast, costs increased in insurance and financial services (5.8% vs 5.3%), health (1.7% vs 1.6%), information and communication (1.3% vs 1%), and transportation (6.1% vs 3.8%), while inflation remained steady for education (8.9%). On a monthly basis, consumer prices dropped 0.1% in May, following a 0.5% growth in the preceding period.
2026-06-11
Ireland Inflation Highest Since 2024
The annual inflation rate in Ireland edged up to 3.7% in April 2026 from 3.6% in the previous month. This marked the highest reading since January 2024, lifted by higher costs for alcoholic beverages and tobacco (2.7% vs 2.3% in March), housing utilities (8.1% vs 7.2%), transportation (3.8% vs 2.8%), information and communication (1% vs 0.7%), restaurants and hotels (3.9% vs 3.5%), and miscellaneous goods and services (1.5% vs 0.9%). Additionally, prices declined at a slower pace for furnishing and household equipment (-0.6% vs -0.9%), while price growth remained steady for education (8.9%). In contrast, costs moderated for food and non-alcoholic beverages (2% vs 2.3%), clothing and footwear (7.9% vs 9%), health (1.6% vs 1.7%), and recreation and culture (1.2% vs 4.2%). On a monthly basis, consumer prices grew by 0.5% in April, easing from a 1.6% gain in the preceding period.
2026-05-14
Irish Inflation Rate Rises to 2-Year High
The annual inflation rate in Ireland surged to 3.6% in March of 2026 from 2.7% in the previous month, reflecting the highest inflation in over two years. The surge was aligned with faster price growth in all of Europe as the outbreak of war in the Middle East triggered a shock in the supply of energy that lifted its costs. Prices for energy products surged 12.3%, corresponding to nearly 19% of the Irish consumer basket and lifting costs for housing and utilities (7.2%) and transportation (2.8%). In turn, food and non-alcoholic beverages inflation remained relatively close to target at 2.3%. From the previous month, the Irish CPI jumped by 1.6% due to an 11.1% monthly surge in energy products.
2026-04-09