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||0.28||0.27 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||6,119||-0.39 %||Mar 11|
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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.
March 5, 2019
Activity in the Irish service sector accelerated in February, with the Investec service Purchasing Managers’ Index (PMI) rising to 55.9, from 54.2 in January.
March 5, 2019
The highly volatile Irish manufacturing industries production index rebounded markedly in January, rising 16.3% in seasonally-adjusted, month-on-month terms, from a revised 12.9 contraction in December (previously reported: +14.2% month-on-month).
March 4, 2019
The KBC Bank Ireland/ESRI consumer sentiment index fell sharply in February, tumbling to 86.5 in the month from 98.8 in January.
March 1, 2019
The Investec manufacturing Purchasing Managers’ Index (PMI) rose to 54.0 in February from 52.6 in January.