Ireland Inflation Rate  1976-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Ireland increased for the first time in more than one year by 0.1 percent following a 0.2 percent drop in the previous month and beating market expectations of 0.1 percent fall. Cost of housing and utilities pushed the inflation up while prices of transportation, furnishings and food declined at a slower pace. Inflation Rate in Ireland averaged 4.86 percent from 1976 until 2015, 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.

Ireland Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.20 23.15 -6.56 1976 - 2015 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 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-12 11:00 AM Oct -0.2% -0.3% -0.1%
2015-12-10 11:00 AM Nov -0.2% -0.2% 0%
2016-01-14 11:00 AM Dec 0.1% -0.2% -0.1% -0.1%
2016-02-15 11:00 AM Jan 0.1% 0.1%
2016-03-11 11:00 AM Feb 0.1%
2016-04-08 10:00 AM Mar 0.2%

Irish Consumer Prices Post First Rise Since November 2014


Consumer prices in Ireland increased for the first time in more than one year by 0.1 percent following a 0.2 percent drop in the previous month and beating market expectations of 0.1 percent fall. Cost of housing and utilities pushed the inflation up while prices of transportation, furnishings and food declined at a slower pace.

Year-on-year, prices of housing and utilities increased by 2.1 percent following a 1.3 percent growth in November. Additional upward pressure came from: Miscellaneous goods and services (+2.6 percent from +2.3 percent in the previous month) and restaurants and hotels (+1.6 percent from +1.4 percent). By contrast, cost of transportation (-4.3 percent from -5.3 percent in the previous month), furnishings and household equipment (-1.5 percent from -2.3 percent) and food and non-alcoholic beverages (-1 percent from -1.3 percent) dropped at a slower pace. 

On a monthly basis, consumer prices decreased slightly by 0.1 percent, easing from a 0.2 percent drop in the previous month. The biggest price decreases were reported for: Alcoholic beverages and tobacco (-1.6 percent) and transport (-0.3 percent). Meanwhile, there were increases in miscellaneous goods and services (+0.5 percent) and furnishings, household equipment and routine household maintenance (+0.4 percent).   

The harmonized index increased by 0.2 percent compared to a year earlier while declined by 0.1 percent in the month.

The annual average rate of inflation in 2015 was recorded at -0.3 percent. This compares to a rise of 0.2 percent for 2014, 0.5 percent for 2013 and 1.7 percent for 2012.

CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/14/2016 12:03:56 PM

Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate 0.10 -0.20 23.15 -6.56 percent [+]
Inflation Rate Mom -0.10 -0.30 8.12 -1.68 percent [+]
Harmonised Consumer Prices 109.10 109.20 110.40 65.10 Index Points [+]
Consumer Price Index CPI 101.20 101.30 103.80 7.10 Index Points [+]
Core Consumer Prices 103.50 103.50 104.40 42.20 Index Points [+]
Core Inflation Rate 1.10 0.90 10.20 -6.10 percent [+]
GDP Deflator 104.40 102.81 107.63 69.28 Index Points [+]
Producer Prices 105.70 106.90 118.00 27.00 Index Points [+]
Export Prices 106.60 106.80 123.10 16.50 Index Points [+]
Import Prices 132.50 130.50 135.70 15.60 Index Points [+]
Food Inflation -1.00 -1.30 21.10 -8.10 percent [+]
Producer Prices Change 3.60 4.40 9.50 -3.10 percent [+]




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Albania 1.50 Jan/16
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Argentina 26.90 Dec/15
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Australia 1.70 Dec/15
Austria 1.00 Dec/15
Azerbaijan 4.00 Dec/15
Bahamas 1.41 Jun/15
Bahrain 0.70 Dec/15
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Belgium 1.74 Jan/16
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Bhutan 3.53 Dec/15
Bolivia 2.39 Jan/16
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Brazil 10.71 Jan/16
Brunei -1.00 Dec/15
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Cameroon 4.29 Jun/15
Canada 1.60 Dec/15
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Comoros 1.40 Dec/14
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Costa Rica -0.17 Jan/16
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Cuba 5.30 Dec/14
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Czech Republic 0.10 Dec/15
Denmark 0.60 Jan/16
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Dominican Republic 2.34 Dec/15
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Egypt 10.10 Jan/16
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Eritrea 11.60 Dec/14
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Ethiopia 10.20 Jan/16
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Hong Kong 2.50 Dec/15
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Iceland 2.10 Jan/16
India 5.61 Dec/15
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Iran 9.40 Dec/15
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Ireland 0.10 Dec/15
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Japan 0.20 Dec/15
Jordan -1.60 Dec/15
Kazakhstan 14.40 Jan/16
Kenya 7.78 Jan/16
Kosovo -0.10 Dec/15
Kuwait 3.00 Dec/15
Kyrgyzstan 3.40 Dec/15
Laos 0.90 Dec/15
Latvia -0.30 Jan/16
Lebanon -3.40 Dec/15
Lesotho 5.10 Dec/15
Liberia 6.50 Sep/15
Libya 11.40 Sep/15
Liechtenstein -1.30 Dec/15
Lithuania -0.10 Dec/15
Luxembourg 1.10 Dec/15
Macau 3.73 Dec/15
Macedonia -0.30 Dec/15
Madagascar 7.60 Dec/15
Malawi 24.90 Dec/15
Malaysia 2.70 Dec/15
Maldives 2.00 Nov/15
Mali 1.00 Dec/15
Malta 1.20 Dec/15
Mauritania 0.50 Dec/15
Mauritius 0.40 Jan/16
Mexico 2.61 Jan/16
Moldova 13.60 Dec/15
Mongolia 1.90 Dec/15
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Morocco 0.60 Dec/15
Mozambique 11.25 Jan/16
Myanmar 10.19 Jul/15
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New Zealand 0.10 Dec/15
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North Korea 55.00 Jul/13
Norway 3.00 Jan/16
Oman -0.10 Dec/15
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Palestine 0.97 Dec/15
Panama 0.20 Dec/15
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Paraguay 5.20 Jan/16
Peru 4.61 Jan/16
Philippines 1.30 Jan/16
Poland -0.50 Dec/15
Portugal 0.80 Jan/16
Puerto Rico -0.20 Dec/15
Qatar 2.70 Dec/15
Republic of the Congo 3.70 Apr/15
Romania -0.90 Dec/15
Russia 9.80 Jan/16
Rwanda 6.60 Jan/16
Sao Tome and Principe 4.00 Dec/15
Saudi Arabia 2.30 Dec/15
Senegal 0.40 Dec/15
Serbia 1.50 Dec/15
Seychelles -0.10 Jan/16
Sierra Leone 8.85 Dec/15
Singapore -0.60 Dec/15
Slovakia -0.50 Dec/15
Slovenia -0.50 Jan/16
Somalia -4.00 Dec/14
South Africa 5.20 Dec/15
South Korea 0.80 Jan/16
South Sudan 109.90 Dec/15
Spain -0.30 Jan/16
Sri Lanka 0.90 Jan/16
Sudan 12.44 Jan/16
Suriname 25.00 Dec/15
Swaziland 4.50 Nov/15
Sweden 0.10 Dec/15
Switzerland -1.30 Dec/15
Syria 38.80 Jul/15
Taiwan 0.81 Jan/16
Tajikistan 5.20 Nov/15
Tanzania 6.50 Jan/16
Thailand -0.53 Jan/16
Togo 1.60 Dec/15
Trinidad and Tobago 1.50 Dec/15
Tunisia 3.50 Jan/16
Turkey 9.58 Jan/16
Turkmenistan 4.42 Dec/14
Uganda 7.60 Jan/16
Ukraine 40.30 Jan/16
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United Kingdom 0.20 Dec/15
United States 0.70 Dec/15
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Uzbekistan 2.60 Mar/14
Venezuela 108.70 Sep/15
Vietnam 0.80 Jan/16
Yemen 9.49 Nov/14
Zambia 21.80 Jan/16
Zimbabwe -2.47 Dec/15