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. source: Central Statistics Office Ireland
Inflation Rate in Ireland increased to 3.60 percent in March from 2.70 percent in February 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 April of 2026.
Inflation Rate in Ireland increased to 3.60 percent in March from 2.70 percent in February of 2026. Inflation Rate in Ireland is expected to be 4.00 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.