Ireland Inflation Rate

Last Release

May 31, 2025

Actual

1.7

Units In

2.2

Frequency

Monthly

Next Release

Jul 10, 2025

Time to Release

25 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
23.15 Oct 1981	-6.56 Oct 2009	4.34 %	1976-2025	Central Statistics Office Ireland

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.

Latest Updates

The annual inflation rate in Ireland eased to 1.7% in May 2025 from 2.2% in the previous month, marking the slowest pace in five months. The deceleration was mainly driven by a sharp price decline in transport (-2.4% vs 1.8% in April), as well as softer price increases in housing and utilities (2.0% vs 2.2%), restaurants and hotels (2.8% vs 3.3%), and recreation and culture (2.4% vs 4.2%). Conversely, this slowdown was partially offset by faster price growth in food and non-alcoholic beverages (4.0% vs 3.4%), miscellaneous goods and services (2.4% vs 2.1%), and alcoholic beverages, tobacco and narcotics (3.1% vs 2.2). Meanwhile, core inflation — measured by the CPI excluding energy and unprocessed food — declined to 1.9%, the lowest since July 2021. On a monthly basis, consumer prices were unchanged in May, following a 0.4% rise in April.