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

Irish consumer prices fell 0.1 percent in the year to November 2016, slowing from a 0.3 percent drop in the previous month, as prices fell at a slower pace for transport and leisure activities. Annual core inflation, which excludes energy and unprocessed food, rose to 0.3 percent from 0.1 percent the previous period. On a monthly basis, consumer prices edged down 0.1 percent after declining by 0.5 percent in October. Inflation Rate in Ireland averaged 4.74 percent from 1976 until 2016, 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.

Ireland Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-13 10:00 AM Sep 0% -0.1% 0.2%
2016-11-10 11:00 AM Oct -0.3% 0% -0.1% 0.2%
2016-12-08 11:00 AM Nov -0.1% -0.3% -0.1%
2017-01-13 11:00 AM Dec -0.1% -0.14%
2017-02-17 11:00 AM Jan -0.11%
2017-03-10 11:00 AM Feb -0.16%




Irish Deflation Eases In November


Irish consumer prices fell 0.1 percent in the year to November 2016, slowing from a 0.3 percent drop in the previous month, as prices fell at a slower pace for transport and leisure activities.

Year-on-year, cost declined at a slower pace for transport (-0.2 percent from -2 percent in October), and recreation and culture (-2 percent from -2.4 percent). Additional downward pressure came from: Furnishings, household equipment and routine household maintenance (-4.3 percent); clothing and footwear (-2.8 percent); communications (-2.7 percent); and food and non-alcoholic beverages (-2.4 percent). By contrast, there were increases in miscellaneous goods and services (+2.5 percent), alcoholic beverages and tobacco (+2.1 percent), restaurants and hotels (+1.9 percent) and education (+1.8 percent). 
 
Annual core inflation, which excludes energy and unprocessed food, rose to 0.3 percent from 0.1 percent the previous period.

On a monthly basis, consumer prices edged down 0.1 percent, following a 0.5 percent decrease in October. The most significant monthly price changes were decreases in restaurants and hotels (-0.7 percent) and food and non-alcoholic beverages (-0.4 percent). There were increases in alcoholic beverages and tobacco (+0.9 percent) and clothing and footwear (+0.7 percent). 

The harmonized index decreased by 0.2 percent compared to a year earlier and fell 0.1 percent in the month.

CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/8/2016 1:53:50 PM



Ireland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 -0.30 23.15 -6.56 percent [+]
Inflation Rate Mom -0.10 -0.50 8.12 -1.68 percent [+]
Harmonised Consumer Prices 99.50 99.60 100.90 59.40 Index Points [+]
Consumer Price Index CPI 101.20 101.30 103.80 7.10 Index Points [+]
Core Consumer Prices 103.60 103.70 105.10 42.20 Index Points [+]
Core Inflation Rate 0.30 0.10 10.20 -6.10 percent [+]
GDP Deflator 101.97 99.55 109.38 66.07 Index Points [+]
Producer Prices 105.60 104.70 118.00 27.00 Index Points [+]
Export Prices 102.20 100.60 113.50 15.70 Index Points [+]
Import Prices 96.60 103.70 111.90 14.30 Index Points [+]
Food Inflation -2.40 -2.20 21.10 -8.10 percent [+]
Cpi Transportation 94.80 95.60 110.50 70.60 Index Points [+]
Producer Prices Change 0.10 -0.90 9.50 -3.80 percent [+]



Ireland Inflation Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.30 23.15 -6.56 1976 - 2016 percent Monthly
2011M12=100



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