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

Consumer prices in Ireland declined by 0.2 percent year-on-year in July of 2015 from a 0.1 percent drop in the previous month, mainly driven by lower prices of transport, food and clothing. Inflation Rate in Ireland averaged 4.91 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
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.10 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. Content for - Ireland Inflation Rate - was last refreshed on Saturday, September 5, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-11 11:00 AM May -0.3% -0.7% -0.6%
2015-07-09 11:00 AM Jun -0.1% -0.3% -0.1%
2015-08-13 11:00 AM Jul -0.2% -0.1% 0.1%
2015-09-10 11:00 AM Aug -0.2% -0.3%
2015-10-09 11:00 AM Sep -0.18
2015-11-13 11:00 AM Oct -0.22


Ireland Deflation Deepens in July


Consumer prices in Ireland decreased by 0.2 percent year-on-year in July of 2015 from a 0.1 percent drop in the previous month, mainly driven by lower prices of transport, food and clothing.

Compared to July 2014, prices of transport declined at a faster 3.8 percent (compared to -2.5 percent in June). Also, cost of food and non-alcoholic beverages decreased further by 2.4 percent (compared to -2.2 percent in June); and clothing and footwear prices went down by 3.7 percent (compared to -3 percent in June). Additional downward pressure came from: Furnishings, household equipment & routine household maintenance (-1.7 percent); recreation and culture (-0.8 percent); alcoholic beverages and tobacco (-0.5 percent); and health (-0.2 percent).

In contrast, cost of education increased by 5 percent; communications by 2.8 percent; restaurants and hotels by 1.9 percent; and housing and utilities by 1.8 percent.

Annual core inflation advanced to 0.8 percent in July, up 0.2 p.p. when compared to the previous month.

On a monthly basis, consumer prices fell 0.4 percent, compared to a 0.3 percent growth in the previous month. Downward pressure came from: clothing and footwear (-7.7 percent compared to -1.3 percent in June); and food and non-alcoholic beverages (-0.5 percent compared to -0.3 percent June). Meanwhile, cost of restaurants and hotels increased by 0.6 percent; and transport prices rose 0.4 percent.

The harmonized index increased by 0.2 percent year-on-year while declined by 0.3 percent in the month.

CSO | joana.ferreira@tradingeconomics.com
8/13/2015 11:40:34 AM


Recent Releases

Ireland Deflation Slows Further in June
Consumer prices in Ireland decreased 0.1 percent year-on-year in June of 2015 from a 0.3 percent drop in May, driven by smaller declines in clothing, transport, food and furnishings prices.
Published on 2015-07-09

Ireland Deflation Slows in May
Consumer prices in Ireland decreased 0.3 percent year-on-year in May of 2015 from a 0.7 percent drop last month, as cost of both clothing and transport fell at a slower pace while prices of communications and utilities accelerated.
Published on 2015-06-11

Ireland Deflation Deepens in April
Consumer prices in Ireland decreased 0.7 percent year-on-year in April of 2015, recording the largest fall since June 2010. It is the fifth consecutive month of decline, driven by lower transport and food cost.
Published on 2015-05-14

Irish Prices Fell by 0.6% in March
Consumer prices in Ireland decreased 0.6 percent on the year in March, the fourth consecutive month of decline, driven by lower fuel and food cost.
Published on 2015-04-09


Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 -0.10 23.15 -6.56 percent [+]
Inflation Rate Mom -0.30 0.30 8.12 -1.68 percent [+]
Consumer Price Index CPI 101.90 102.20 103.80 7.10 Index Points [+]
Core Inflation Rate 0.80 0.60 10.20 -6.10 percent [+]
Harmonised Consumer Prices 110.10 110.40 110.40 65.10 Index Points [+]
Core Consumer Prices 104.00 104.30 104.30 42.20 Index Points [+]
GDP Deflator 103.01 103.70 107.63 69.28 Index Points [+]
Producer Prices 106.90 106.50 118.00 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 -2.40 -2.20 21.10 -8.20 percent [+]
Producer Prices Change 6.80 6.30 9.50 -3.10 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 9.56 Jul/15 8.89 6821.31 1.65 percent [+]
Canada 1.30 Jul/15 1.00 21.60 -17.80 percent [+]
China 1.60 Jul/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.20 Aug/15 0.20 5.00 -0.70 percent [+]
France 0.20 Jul/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Aug/15 0.20 11.54 -7.62 percent [+]
India 3.78 Jul/15 5.40 11.16 3.78 percent [+]
Indonesia 7.18 Aug/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Aug/15 0.20 25.64 -0.60 percent [+]
Japan 0.20 Jul/15 0.40 25.00 -2.52 percent [+]
Mexico 2.74 Jul/15 2.87 179.73 2.74 percent [+]
Netherlands 1.00 Jul/15 1.00 11.19 -1.30 percent [+]
Russia 15.80 Aug/15 15.60 2333.30 3.60 percent [+]
South Korea 0.70 Aug/15 0.70 32.50 0.20 percent [+]
Spain -0.40 Aug/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.40 Aug/15 -1.30 11.92 -1.40 percent [+]
Turkey 7.14 Aug/15 6.81 138.71 -4.01 percent [+]
United Kingdom 0.10 Jul/15 0.00 8.50 -0.10 percent [+]
United States 0.20 Jul/15 0.10 23.70 -15.80 percent [+]