Ireland Inflation Rate Eases in May

The annual inflation rate in Ireland eased to 3.4% in June 2026 from 3.6% in the previous month, marking the lowest level since February. Price growth slowed across several categories, including restaurants and accommodation services (3.6% vs 3.7% in May), transport (4.1% vs 6.1%), food and non-alcoholic beverages (0.6% vs 1.3%), recreation, sport and culture (0.1% vs 0.6%), and clothing and footwear (7.0% vs 7.4%). Meanwhile, inflation increased for alcoholic beverages and tobacco (2.6% vs 2.4%), housing and utilities (7.3% vs 7.1%), information and communication (1.4% vs 1.3%), and personal care, social protection, and miscellaneous goods and services (1.9% vs 1.5%), while remaining unchanged for health (1.7%) and education (8.9%). On a monthly basis, consumer prices edged up 0.3% in June, recovering from a 0.1% decline 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.

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.