Inflation in Ireland
Ireland - 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 - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.5||0.2||-0.3||0.0||0.3|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Inflation Chart
Source: Central Statistics Office Ireland.
|Bond Yield||0.15||0.27 %||Apr 22|
|Exchange Rate||1.13||0.65 %||Apr 22|
|Stock Market||6,511||-0.39 %||Apr 18|
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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.
April 4, 2019
The highly volatile Irish manufacturing industries production index declined 0.4% in seasonally-adjusted, month-on-month terms, contrasting a 16.3% rise in January.
April 3, 2019
The Irish service sector decelerated slightly in March, reflected by a drop in the Investec service Purchasing Managers’ Index (PMI) to 55.3 in March, down from 55.9 in February.
April 2, 2019
Business conditions in Ireland’s manufacturing sector eased slightly at the end of the first quarter, but nonetheless remained robust.
March 14, 2019
National accounts data published by the Central Statistics Office on 14 March showed that the economy slowed markedly for the second consecutive quarter in Q4 2018.