Latest News Stream - Harmonised Inflation Rate Yoy

The EU-harmonised consumer price inflation rate (HICP) in Ireland increased to 4.2% year-on-year in October 2026 from 3.8% in September, marking its highest level since September 2023 and coming in slightly above the preliminary estimate of 4.0%. The acceleration was driven by faster price growth in housing and utilities (10.9% vs 9.5%), transport (9.6% vs 7.9%), food and non-alcoholic beverages (0.9% vs 0.3%), alcoholic beverages, tobacco and narcotics (4.5% vs 2.7%), clothing and footwear (4.5% vs 3.4%), furnishings, household equipment and routine household maintenance (1.2% vs 0.4%), information and communication (2.0% vs 1.5%), and personal care, social protection and miscellaneous goods and services (3.4% vs 1.8%). On a monthly basis, harmonised consumer prices in Ireland rose 0.7% in October 2026, up from 0.2% in September and above the preliminary estimate of a 0.5% gain, marking the highest monthly increase since March.

The EU-harmonised consumer price inflation rate (HICP) in Ireland increased to 4.0% year-on-year in October 2026 from 3.9% in September, marking its highest level since September 2023, according to preliminary estimates. The acceleration was primarily driven by energy prices which rose by 18.3%, compared with 15.3% in the previous month. In contrast, food inflation eased to 0.1% from 0.3%, while services inflation moderated to 3.5% from 4.1%. Excluding energy and unprocessed food also slowed to 2.5% from 2.8%. On a monthly basis, harmonised consumer prices increased by 0.5% in October from 0.2% in September.

The EU-standard harmonised inflation rate (HICP) in Ireland rose to 3.9% year-on-year in September 2026, accelerating from 3.4% in the previous month, according to preliminary estimates. This marked the highest reading since September 2023, mainly driven by strong gains in energy prices, which jumped 15.3% after an 11.8% advance in August. Moreover, services inflation increased to 4.1% from 3.7%, while food prices rose slightly to 0.3% from 0.1%. Meanwhile, inflation in non-energy industrial goods eased to 0.9% from 1.3% a month earlier. Excluding energy and unprocessed food, harmonised inflation rose to 2.8% from 2.6%. On a monthly basis, harmonised consumer prices increased by 0.2%, following a 0.6% rise in the preceding period.

The EU-standard harmonised inflation rate (HICP) in Ireland quickened to 3.4% year-on-year in August 2026 from a five-month low of 3.1% in July, according to preliminary estimates. The main upward pressure came from energy prices, which surged by 11.8%, after a 6.5% advance in the previous month. Meanwhile, services inflation remained steady at 3.7%, while food price growth slowed significantly to 0.1% from 0.8%. Excluding energy and unprocessed food, harmonised inflation moderated to 2.6%, down from 2.9% in the previous month. On a monthly basis, harmonised consumer prices rose by 0.6% in August, the most in five months, up from a 0.1% in the month before, propelled by energy costs (+4.3%).

France’s EU-harmonized inflation rate rose to 2.7% year on year in August 2026, up from 2.4% in July, according to a preliminary estimate. It was the highest since May, driven by a renewed increase in energy prices amid continued fighting in the Middle East. The stronger-than-expected reading added to expectations that the ECB could raise interest rates in September, with markets fully pricing a 25-basis-point increase that would lift the deposit rate to 2.5%. Investors also see another hike by spring 2027.

Spain’s EU-harmonized inflation rate jumped to 4.5% year on year in August 2026, up from 3.9% in July and slightly below market expectations of 4.6%, according to a preliminary estimate. It was the highest since February 2023 and more than double the ECB’s 2% target, driven by a surge in energy prices amid continued fighting in the Middle East. The data strengthened expectations for an ECB rate hike in September, with markets fully pricing a 25-basis-point increase that would lift the deposit rate to 2.5%. Investors also see another hike by spring 2027.

The EU-standard Harmonised Index of Consumer Prices in Ireland rose 3.1% year-on-year in July 2026, easing from a 3.2% increase in the previous month and marking the lowest reading since February, according to preliminary estimates. The slowdown was driven by softer energy inflation, which decelerated to 6.5% from 10.0% in June. Meanwhile, the HICP excluding energy and unprocessed food accelerated to 2.9% from 2.5%, food price inflation edged up to 0.8% from 0.5%, and services inflation ticked higher to 3.7% from 3.6%. On a monthly basis, harmonised consumer prices were unchanged in July, following a 0.1% increase in the previous month.

The EU-harmonised inflation rate (HICP) in Ireland rose 3.2% year-on-year in June 2026, easing from 3.5% in the previous month and coming in slightly below the preliminary estimates of a 3.3% growth. The slowdown was mainly driven by softer energy price inflation, which eased to 10.0% from 11.9% in May. Additionally, food prices rose 0.5%, slowing from a downwardly revised 1.3% increase, while inflation for services and goods moderated to 3.6% and 2.8%, respectively, from 3.7% and 3.3%. Excluding energy and unprocessed food, harmonised inflation remained unchanged at 2.5% from the preceding period. On a monthly basis, the Irish HICP rose 0.3% in June, recovering from a 0.2% drop in May, matching preliminary estimates.

The EU-harmonised inflation rate in Ireland softened to 3.3% in June of 2026 from 3.5% in the previous month, according to a flash estimate. It was the softest inflation rate since February of this year, before the war in Iran drove militaries to blockade the Strait of Hormuz and trigger a global energy shock. Energy prices are expected to have rise 10% annually, slowing from the 11.9% surge in May's preliminary estimate. Also, food costs for households are expected to have gained 0.7%, slowing from 1.4% previously. Core inflation in the EU-harmonised aggregation was at 2.6%. From the previous month, the Irish HICP advanced 0.3%.

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.

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.

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.

Ireland’s Harmonized Index of Consumer Prices (HICP) rose by 3.2% year-on-year in November 2025, accelerating from 2.8% in the previous month, according to preliminary estimates. This marked the highest reading since December 2023, mainly driven by higher costs of energy, rising 3.3%, and food products, increasing 4.2%. Excluding energy and unprocessed food, the HICP rose by 3.0%, indicating continued underlying inflation pressures. On a monthly basis, harmonized consumer prices fell by 0.2% in November, reversing the 0.4% increase recorded in October.

Ireland’s Harmonised Index of Consumer Prices (HICP) rose 2.7% year-on-year in October 2025, holding at its highest level since January 2024 and well above the ECB’s 2% target, according to a preliminary estimate. Energy prices increased 2.7%, while food prices surged 4.6%. Excluding energy and unprocessed food, the HICP rose 2.6%.

The EU-standard harmonized index of consumer prices (HICP) in Ireland rose by 2.7% year-on-year in September 2025, the fastest pace since January 2024, accelerating from 1.9% in the previous month, according to preliminary estimates. The increase was largely driven by a 4.7% annual rise in food prices and a 1.0% gain in energy costs. Meanwhile, core HICP—which excludes volatile components such as energy and unprocessed food— also accelerated to 2.7% from 1.9% in August. On a monthly basis, harmonized consumer prices edged down 0.2% in September, the first decline in eight months, reversing a 0.4% increase in August.

The EU-standard Harmonized Index of Consumer Prices (HICP) in Ireland rose 1.6% year-on-year in July 2025, matching the increase in the previous month, according to preliminary estimates. Food prices rose 4.6% year-on-year, while energy costs declined by 0.3%. Meanwhile, core HICP — which excludes volatile components such as energy and unprocessed food — eased to 1.7% from 1.9% in June. On a monthly basis, harmonized consumer prices increased 0.2% in July, easing from 0.5% in June.

The EU-standard harmonized index of consumer prices (HICP) in Ireland rose by 1.6% year-on-year in June 2025, up from a 1.4% increase in May, and in line with preliminary estimates. The biggest price increases were seen for food and non-alcoholic beverages (+4.4%), recreation and culture (+3.5%), alcoholic beverages and tobacco (+3%) and health (+2.6%). In contrast, there were decreases in cost of clothing and footwear (-2.2%), transport (-2.0%), miscellaneous goods and services (-0.9%) and furnishings, household equipment and routine household maintenance (-0.6%). Compared to the previous month, the harmonised CPI increased 0.5%, also matching early estimates.

The EU-standard harmonized index of consumer prices (HICP) in Ireland rose by 1.6% year-on-year in June 2025, up from a 1.4% increase in May, according to preliminary estimates. The acceleration in inflation was largely driven by a 4.3% annual rise in food prices, which continued to put upward pressure on consumer costs. This was partly offset by a 1.8% decline in energy prices. Meanwhile, core HICP—which excludes volatile components such as energy and unprocessed food—rose by 1.9% compared to a year earlier, slightly faster than the 1.8% increase seen in May. On a monthly basis, harmonized consumer prices grew 0.5% in June, rebounding after remaining flat in the previous month.

The EU-standard Harmonized Index of Consumer Prices in Ireland rose 1.4% year-on-year in May 2025, confirming preliminary estimates and easing from 2.0% in April. This marked the lowest inflation rate in three months, mainly driven by a price decline in transport (-2.4% vs 2.1% in April), as well as slower price increases in recreation and culture (2.4% vs 4.2%) and restaurants and hotels (2.8% vs 3.3%). Conversely, this deceleration was partially offset by faster price growth in food and non-alcoholic beverages (4.0% vs 3.2%) and alcoholic beverages, tobacco and narcotics (3.0% vs 2.3%). On a monthly basis, harmonized consumer prices were flat in May, following a 0.4% increase the previous month.

Ireland’s EU Harmonized Index of Consumer Prices (HICP) rose by 1.4% year-on-year in May 2025, down from 2.0% in April, according to preliminary data. This marked the lowest inflation rate in three months and remained well below the European Central Bank’s 2.0% mid-point target. The slowdown was largely driven by falling energy prices, which declined by 2.6% year-on-year, partially offset by a 4.1% rise in food prices. Core HICP—which excludes energy and unprocessed food—also decelerated, rising by 1.8% compared to 2.5% in April, indicating easing underlying inflationary pressures. On a monthly basis, harmonized consumer prices were unchanged in May, following a 0.4% increase the previous month.