Inflation in Ireland

Ireland Harmonized Inflation | Economic News & Forecasts

Ireland - Harmonized Inflation

Inflation jumps in February

In February, consumer prices added 0.9% over the previous month, contrasting a 0.2% decrease observed in January. According to the Central Statistics Office (CSO), the rise in consumer prices was led by higher prices for clothing and footwear, which were partially offset by falling costs of health services. Owing to the pronounced price increase, annual inflation stepped up from 1.7% in January to 2.2% in February, marking the highest inflation rate since December 2008. Simultaneously, annual HICP inflation (based on the harmonised index of consumer prices) jumped to 0.9% in February from 0.2% registered in January. According to the latest Quarterly Bulletin from January 2011, the Central Bank forecasts HICP inflation to reach 0.3% in 2011 and 0.5% in 2012.

Ireland - Harmonized Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %)0.5  0.3  0.0  -0.2  0.3  

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Ireland Harmonized Inflation Chart

Ireland Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Central Statistics Office Ireland.

Ireland Facts

Bond Yield-0.070.27 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market6,155-0.39 %Jun 14

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