Inflation in Ireland
Ireland - Harmonized Inflation (end of period)
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 (eop) Data
|Inflation Rate (HICP, annual variation in %, eop)||0.3||-0.3||0.2||-0.2||0.5|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Harmonized Inflation (eop) Chart
Source: Central Statistics Office Ireland.
|Bond Yield||0.13||0.27 %||May 13|
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||6,152||-0.39 %||May 13|
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May 7, 2019
The highly volatile Irish manufacturing industries production index rose 1.3% in seasonally-adjusted, month-on-month terms in March.
May 3, 2019
The Irish service sector seems to have lost momentum again at the outset of the second quarter, as suggested by a decline in the AIB service Purchasing Managers’ Index (PMI).
May 2, 2019
Consumers turned more pessimistic at the start of the second quarter as choppier waters in the global economy and ongoing Brexit-related uncertainty pose headwinds to the Irish economic outlook and the future of households’ personal financial situation in this cloudy context.
May 1, 2019
Business conditions in Ireland’s manufacturing sector continued to ease at the beginning of the second quarter, as the AIB manufacturing Purchasing Managers’ Index (PMI) posted a lower reading in April.
April 4, 2019
The KBC Bank Ireland/ESRI consumer sentiment index recovered some lost ground in March, climbing to 93.1 from 86.5 in February.