Ireland Inflation Rate 1976-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Ireland was recorded at -0.30 percent in December of 2014. Inflation Rate in Ireland averaged 4.99 percent from 1976 until 2014, 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. Inflation Rate in Ireland is reported by the Central Statistics Office Ireland.

      Forecast    
Ireland Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.10 23.15 -6.56 1976 - 2014 percent Monthly
2011M12=100
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 - Ireland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ireland Inflation Rate - was last refreshed on Tuesday, January 27, 2015.


Ireland Inflation Rate Turns Negative


Irish consumer prices dropped 0.3 percent year-on-year in December of 2014. It is the biggest decrease since June of 2010, due to lower cost of transport, food and clothing.

In the year, the biggest price decreases were reported for: transport (-3.8 percent), furnishings, household equipment and routine household maintenance (-3.1 percent), food and non-alcoholic beverages (-2.6 percent) and clothing and footwear (-2.3 percent). In contrast, customers paid more for: education (+5.0 percent), miscellaneous goods and services (+4.2 percent) and alcoholic beverages and tobacco (+3.0 percent).

In the month, CPI decreased by 0.4 percent. The biggest price falls were reported for: transport (-1.3 percent), alcoholic beverages and tobacco (-1.3 percent) and housing, water, electricity, gas and other fuels (-0.8 percent). There were increases in miscellaneous goods and services (+0.2 percent), clothing and footwear (+0.2 percent) and health (+0.1 percent).

As measured by the EU Harmonised Index of Consumer Prices (HICP), on average prices decreased by 0.3 percent compared with December 2013.

CSO | Joana Taborda | joana.taborda@tradingeconomics.com
1/15/2015 3:11:21 PM


Recent Releases

Ireland Inflation Rate At 0.1%
Irish annual inflation rate edged down to 0.1 percent in November of 2014 from 0.2 percent in October mainly driven by lower cost of food and non-alcoholic beverages. Published on 2014-12-11

Ireland Inflation Rate Slows in October
Irish annual inflation rate decelerated for the second consecutive month to 0.2 percent in October of 2014 from 0.3 percent in the previous month as prices of food, transportation and clothing and footwear decreased. Published on 2014-11-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-13 11:00 AM
Inflation Rate YoY  Oct
0.2% 0.3% 0.32%
2014-12-11 11:00 AM
Inflation Rate YoY  Nov
0.1% 0.2% 0.34%
2015-01-15 11:00 AM
Inflation Rate YoY  Dec
-0.3% 0.1% 0%
2015-02-20 11:00 AM
Inflation Rate YoY  Jan
-0.3% 0.03%
2015-03-13 11:00 AM
Inflation Rate YoY  Feb
0.06%
2015-04-10 11:00 AM
Inflation Rate YoY  Mar
0.11%


Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 0.10 23.15 -6.56 percent [+]
Inflation Rate Mom -0.40 -0.30 8.12 -1.68 percent [+]
Consumer Price Index CPI 101.10 101.50 103.80 7.10 Index Points [+]
Core Inflation Rate 0.50 0.60 10.20 -6.10 percent [+]
Harmonised Consumer Prices 108.90 109.30 110.20 65.10 Index Points [+]
Core Consumer Prices 103.00 103.40 104.10 42.20 Index Points [+]
GDP Deflator 101.77 100.59 107.45 65.94 Index Points [+]
Producer Prices 102.00 102.40 118.00 27.00 Index Points [+]
Export Prices 106.20 105.20 123.10 16.50 Index Points [+]
Import Prices 130.70 130.90 135.70 15.60 Index Points [+]
Food Inflation -2.60 -2.60 21.10 -8.20 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.20 Dec/14 0.30 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany 0.20 Dec/14 0.57 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Nov/14 2.90 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.00 Dec/14 -0.40 28.43 -1.37 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]