Ireland Inflation Rate

The inflation rate in Ireland was recorded at 0.20 percent in March of 2014. Inflation Rate in Ireland is reported by the Central Statistics Office Ireland. Inflation Rate in Ireland averaged 5.08 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. 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. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.20 -0.10 23.15 -6.56 -0.10 | 2014/04 1976 - 2014 Percent Monthly
2011M12=100

TO

Ireland Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-16 11:00 AM Ireland
Inflation Rate YoY
Dec 2013 0.2% 0.3% -0.02%
2014-02-20 11:00 AM Ireland
Inflation Rate YoY
Jan 2014 0.2% 0.2% 0.03%
2014-03-13 11:00 AM Ireland
Inflation Rate YoY
Feb 2014 -0.1% 0.2% -0.03%
2014-04-10 11:00 AM Ireland
Inflation Rate YoY
Mar 2014 0.2% -0.1% -0.03%
2014-05-08 11:00 AM Ireland
Inflation Rate YoY
Apr 2014 0.2% -0.1%
2014-06-12 11:00 AM Ireland
Inflation Rate YoY
May 2014 -0.06%
[+]

Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 0.20 2014-03-31 -0.10 23.15 -6.56 -0.10 2014-04-30 Percent [+]
Consumer Price Index (cpi) 102.10 2014-03-15 101.40 103.80 7.10 101.76 2014-04-30 Index Points [+]
Core Consumer Prices 103.70 2014-03-15 103.00 103.70 42.20 103.70 2014-04-30 Index Points [+]
Export Prices 0.00 2014-01-15 103.80 123.10 0.00 10.85 2014-02-28 Index Points [+]
GDP Deflator 100.53 2013-11-15 102.65 111.68 72.75 101.75 2014-03-31 Index Points [+]
Harmonised Consumer Prices 109.80 2014-03-15 109.20 109.80 108.20 109.64 2014-03-31 Index Points [+]
Import Prices 0.00 2014-01-15 132.80 137.00 0.00 1.00 2014-02-28 Index Points [+]
Inflation Rate Mom 0.70 2014-03-15 0.50 8.12 -1.68 0.12 2014-04-30 Percent [+]
Producer Prices 99.90 2014-02-15 100.10 115.10 26.30 99.97 2014-03-31 Index Points [+]
Core Inflation Rate 0.60 2014-03-15 0.40 10.20 -6.10 0.63 2014-04-30 Percent [+]
[+]


Irish Inflation Rate Rises in March

Irish annual consumer prices rose 0.2 percent in March of 2014, following a 0.1 percent fall in February, mainly due to higher cost of services.

The most notable changes in the year were increases in education (+4.6 percent), miscellaneous goods and services (+4.2 percent), alcoholic beverages and tobacco (+3.5 percent) and restaurants and hotels (+2.0 percent).  

There were decreases in clothing and footwear (-4.2 percent), communications (-3.1 percent), furnishings, household equipment and routine household maintenance (-2.8 percent) and Transport (-2.1 percent).

Consumer Prices in March increased by 0.7 percent in the month. This compares to an increase of 0.4 percent recorded in March of last year. The most significant monthly price changes were increases in clothing and footwear (+3.0 percent), miscellaneous goods and services (+2.3 percent) and transport (+1.2 percent).  There were decreases in food and non-alcoholic beverages (-0.3 percent) and communications (-0.2 percent).

CSO | Joana Taborda | joana.taborda@tradingeconomics.com
4/10/2014 11:10:38 AM

RECENT RELEASES

Ireland Inflation Rate Falls to 3-1/2-Year Low
Irish annual inflation rate dropped to -0.1 percent in February of 2014, from 0.2 percent in the previous month. It is the first time since July of 2010 the inflation rate enters in negative territory. Published on 2014-03-13

Irish Inflation Rate Stable in January
In January of 2014, Irish consumer prices remained steady at an annual rate of 0.2 percent. From December to January, the CPI decreased by 0.5 percent. This compares to a decrease of 0.5 percent recorded in January of last year. Published on 2014-02-20


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Irish Trade Surplus Widens in February  
Preliminary figures for February of 2014 indicate an increase in seasonally adjusted exports of € 57 million (+1 percent) to €7,232 million from January 2014. Coupled with a decrease in seasonally adjusted imports of € 69 million (-2 percent) to € 4,022 million, the seasonally adjusted trade surplus increased by € 127 million (+4 percent) to € 3,210 million.
Irish Inflation Rate Rises in March  
Irish annual consumer prices rose 0.2 percent in March of 2014, following a 0.1 percent fall in February, mainly due to higher cost of services.
Irish Unemployment Rate Down To 5-Year Low in March  
Ireland’ seasonally adjusted jobless rate fell for the third consecutive month in March of 2014 to 11.8 percent, down from 11.9 percent in the previous month, and 13.7 percent a year earlier.
Ireland Posts € 3 Billion Trade Surplus in January  
Irish trade balance widened 10.13 percent over a year earlier to € 3.09 billion in the first month of 2014. Compared with December of 2013, the trade surplus narrowed 9.1 percent.
Ireland Inflation Rate Falls to 3-1/2-Year Low  
Irish annual inflation rate dropped to -0.1 percent in February of 2014, from 0.2 percent in the previous month. It is the first time since July of 2010 the inflation rate enters in negative territory.
Irish Economic Growth Disappoints in Q4  
Irish GDP contracted by a shocking 2.3 percent in the last quarter of 2013 from the previous three months, hurt by a surge in imports and a fall in consumer spending. Initial estimates showed the economy shrank by 0.3 percent in 2013.
Irish Unemployment Rate Falls Below 12%  
In February of 2014, Ireland’s jobless rate continued its downward trend and fell to 11.9 percent, down from a revised 12 percent in the previous month.
Irish Inflation Rate Stable in January  
In January of 2014, Irish consumer prices remained steady at an annual rate of 0.2 percent. From December to January, the CPI decreased by 0.5 percent. This compares to a decrease of 0.5 percent recorded in January of last year.
Irish Trade Surplus Narrows 12.5% in 2013  
In 2013, Irish trade surplus decreased to € 37.25 billion, down from € 42.54 billion in 2012, hurt by lower exports of medical and pharmaceutical products and a fall in petroleum sales. This is the lowest annual trade surplus since 2008.
Irish Unemployment Down to 12.3% in January  
In January of 2014, Irish jobless rate declined for the eight straight month to 12.3 percent, from 12.4 percent in December last year. A year earlier, unemployment reached 13.8 percent.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News






Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing