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||-0.11||0.27 %||Jul 11|
|Exchange Rate||1.13||0.65 %||Jul 11|
|Stock Market||6,276||-0.39 %||Jul 11|
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July 11, 2019
The economy accelerated notably in the first quarter, with GDP growth in quarter-on-quarter and seasonally-adjusted terms jumping to 2.4% from the 0.3% expansion in Q4 2018.
July 5, 2019
The highly volatile Irish manufacturing industries production index rose 2.5% in seasonally-adjusted, month-on-month terms in May, following a 3.4% upturn in April.
July 3, 2019
The Irish service sector remained largely stable in June, as reflected by only a marginal decrease in the AIB service Purchasing Managers’ Index (PMI) to 56.9 from 57.0 in May, thus remaining comfortably above the critical 50-point threshold that separates improvement from deterioration in business conditions.
July 1, 2019
In June, business conditions in Ireland’s manufacturing sector dipped into negative territory for the first time since May 2013.
June 8, 2019
The KBC Bank Ireland/ESRI consumer sentiment index climbed for a third consecutive month in June, edging up to 90.7 points from May’s 89.9 points result.