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. 2014-04-24

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

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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%
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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.


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