Harmonized inflation declined to 7.5% in January from 8.2% in December. The lower reading was driven by softer price pressures for recreation and utilities. Inflation should average lower in 2023 due to lower average energy prices and softer domestic demand. The key factor to watch is natural gas prices.
Ireland Exchange Rate (USD per EUR, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (USD per EUR, aop) | 1.13 | 1.18 | 1.12 | 1.14 | 1.18 |