Ireland Inflation Rate  1976-2017 | Data | Chart | Calendar | Forecast

Irish consumer prices decreased by 0.2 percent in the year to July 2017 after falling by 0.4 percent in the previous month. It was the second straight month of decline, as cost dropped for clothing and footwear, food and non-alcoholic beverages, and furnishings and household equipment. Annual core inflation rate, which excludes energy and unprocessed food, rose to -0.1 percent from -0.4 percent in June. On a monthly basis, consumer prices were unchanged. Inflation Rate in Ireland averaged 4.67 percent from 1976 until 2017, 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 Consumer Prices Drop for Second Month


Irish consumer prices decreased by 0.2 percent in the year to July 2017 after falling by 0.4 percent in the previous month. It was the second straight month of decline, as cost dropped for clothing and footwear, food and non-alcoholic beverages, and furnishings and household equipment.

Year-on-year, the largest downward contribution to the CPI came from: Clothing and footwear (-5.9 percent from -5.3 percent in June); food and non-alcoholic beverages (-2 percent from -2.7 percent); furnishings and household equipment (-4.3 percent from -3.7 percent): miscellaneous goods and services (-1.5 percent from 0.2 percent); and recreation and culture (-2.4 percent from -1.6 percent). In contrast, cost rose for: Transport (0.1 percent from -0.9 percent in June); restaurants and hotels (2.4 percent from 1.8 percent); and housing, water, electricity, gas and other fuels (2.1 percent from 0.5 percent).

Annual core inflation rate, which excludes energy and unprocessed food, rose to -0.1 percent from -0.4 percent in June.
  
On a monthly basis, consumer prices were unchanged after a 0.1 percent increase in June. The most significant monthly price changes were decreases in clothing and footwear (-6.7 percent) and furnishings, household equipment and routine household maintenance (-1.5 percent). There were increases in Transport (+2.4 percent) and restaurants and hotels (1.1 percent).

The harmonized index fell by 0.2 percent compared to a year earlier and rose by 0.1 percent in the month.

CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/10/2017 10:49:32 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-08 10:00 AM May 0.2% 0.9% 0.7%
2017-07-13 10:00 AM Jun -0.4% 0.2% 0%
2017-08-10 10:00 AM Jul -0.2% -0.4% -0.1%
2017-09-08 10:00 AM Aug -0.2% -0.1%
2017-10-13 10:00 AM Sep 0%
2017-11-10 11:00 AM Oct -0.10%


Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 -0.40 23.15 -6.56 percent [+]
Inflation Rate Mom 0.00 0.10 8.12 -1.68 percent [+]
Harmonised Consumer Prices 100.40 100.30 100.90 59.40 Index Points [+]
Consumer Price Index CPI 101.00 101.00 102.60 7.00 Index Points [+]
Core Consumer Prices 101.30 101.20 102.50 39.70 Index Points [+]
Core Inflation Rate -0.10 -0.40 10.20 -6.10 percent [+]
GDP Deflator 99.98 97.20 106.21 66.07 Index Points [+]
Producer Prices 103.50 104.70 118.00 27.00 Index Points [+]
Export Prices 98.20 96.50 113.50 15.70 Index Points [+]
Import Prices 90.30 93.40 111.90 14.30 Index Points [+]
CPI Housing Utilities 101.00 100.80 117.80 62.00 Index Points [+]
CPI Transportation 104.80 102.30 115.90 70.60 Index Points [+]
Food Inflation -2.00 -2.70 21.10 -8.10 percent [+]
Producer Prices Change -1.90 -0.40 9.50 -3.80 percent [+]


Ireland Inflation Rate Notes

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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.40 23.15 -6.56 1976 - 2017 percent Monthly
NSA



inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.71 Jul/17
Canada 1.20 Jul/17
China 1.40 Jul/17
Euro Area 1.30 Jul/17
France 0.70 Jul/17
Germany 1.70 Jul/17
India 2.36 Jul/17
Indonesia 3.88 Jul/17
Italy 1.10 Jul/17
Japan 0.40 Jun/17
Mexico 6.44 Jul/17
Netherlands 1.30 Jul/17
Russia 3.90 Jul/17
South Korea 2.20 Jul/17
Spain 1.50 Jul/17
Switzerland 0.30 Jul/17
Turkey 9.79 Jul/17
United Kingdom 2.60 Jul/17
United States 1.70 Jul/17