Ireland Inflation Rate 1976-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Ireland was recorded at 0.40 percent in August of 2014. Inflation Rate in Ireland averaged 5.03 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. Inflation Rate in Ireland is reported by the Central Statistics Office Ireland.

   
 
 

Ireland Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 23.15 -6.56 1976 - 2014 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 - Ireland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ireland Inflation Rate - was last refreshed on Wednesday, October 1, 2014.


Ireland Inflation Rate Edges Up to 0.4%


Irish annual inflation rate rose to 0.4 percent in August of 2014 from 0.3 percent in July, driven by higher cost of restaurants and hotels, miscellaneous goods and services and alcoholic beverages and tobacco.

The most notable changes in the year were increases in education (+4.5 percent), alcoholic beverages and tobacco (+3.9 percent), miscellaneous goods and services (+2.9 percent) and restaurants and hotels (+2.8 percent).  There were decreases in communications (-4.6 percent), food and non-alcoholic beverages (-2.6 percent), clothing and footwear (-2.0 percent) and furnishings, household equipment and routine household maintenance (-1.9 percent).

Consumer Prices in August, as measured by the CPI, increased by 0.2 percent in the month.  This compares to an increase of 0.1 percent recorded in August of last year.  The most significant monthly price changes were increases in clothing and footwear (+6.0 percent), furnishings, household equipment and routine household maintenance (+1.4 percent) and restaurants and hotels (+0.5 percent).  There were decreases in transport (-0.6 percent), recreation and culture (-0.5 percent) and alcoholic beverages and tobacco (-0.5 percent).

Prices on average, as measured by the EU Harmonized Index of Consumer Prices (HICP), increased by 0.6 percent compared with August 2013.

CSO | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2014 11:21:26 AM


Recent Releases

Ireland Inflation Rate Slows Further in July
Irish annual inflation rate edged down to 0.3 percent in July of 2014, from a 0.4 percent in the previous month as cost of food, housing and clothing fell. Published on 2014-08-07

Irish Inflation Rate Steady in June
Ireland annual inflation rate was unchanged at 0.4 percent in June of 2014, the same rate recorded in the previous month, as a drop in food and transport prices was enough to offset higher cost of alcoholic drinks and tobacco. Published on 2014-07-10


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-12 11:00 AM Ireland
Inflation Rate YoY
May 2014 0.4% 0.3% 0.1%
2014-07-10 11:00 AM Ireland
Inflation Rate YoY
Jun 2014 0.4% 0.4% 0.3%
2014-08-07 11:00 AM Ireland
Inflation Rate YoY
Jul 2014 0.3% 0.4% 0.3%
2014-09-11 11:00 AM Ireland
Inflation Rate YoY
Aug 2014 0.4% 0.3% 0.37%
2014-10-09 11:00 AM Ireland
Inflation Rate YoY
Sep 2014 0.4% 0.33%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.30 23.15 -6.56 Percent [+]
Inflation Rate Mom 0.20 -0.20 8.12 -1.68 Percent [+]
Consumer Price Index CPI 102.30 102.10 103.80 7.10 Index Points [+]
Core Inflation Rate 0.80 0.78 10.20 -6.10 Percent [+]
Harmonised Consumer Prices 109.90 110.00 110.00 108.20 Index Points [+]
Core Consumer Prices 104.10 103.80 104.10 42.20 Index Points [+]
GDP Deflator 97.77 102.92 111.68 72.75 Index Points [+]
Producer Prices 100.40 100.10 115.10 26.30 Index Points [+]
Export Prices 102.70 103.70 123.10 16.50 Index Points [+]
Import Prices 132.60 133.40 137.00 15.60 Index Points [+]
Food Inflation -2.60 -3.00 21.10 -8.20 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Aug/14 2.10 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.30 Sep/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Sep/14 0.80 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 4.53 Sep/14 3.99 82.40 -1.17 Percent [+]
Italy -0.10 Sep/14 -0.10 25.64 -2.44 Percent [+]
Japan 3.30 Aug/14 3.40 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.10 Sep/14 1.40 32.50 0.20 Percent [+]
Spain -0.20 Sep/14 -0.50 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 1.70 Aug/14 2.00 23.70 -15.80 Percent [+]





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