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||-0.33||0.27 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||5,962||-0.39 %||Sep 04|
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September 5, 2019
The highly volatile Irish manufacturing industries production index rebounded from a revised 9.9% contraction in seasonally-adjusted, month-on-month terms in June (previously reported: -9.0% month-on-month) to a 1.3% expansion in July.
September 4, 2019
Business conditions in the Irish service sector softened slightly in August, reflected by a fall in the AIB service Purchasing Managers’ Index (PMI) to 54.6 from 55.0 in July, marking the worst print since January 2018.
September 2, 2019
Business conditions in the Irish manufacturing sector worsened for the third consecutive month in August and marked the sharpest contraction since April 2013.
August 13, 2019
The KBC Bank Ireland/ESRI consumer sentiment index tumbled in July, dropping to 85.5 points from June’s 90.9 points—the worst reading since November 2014.
August 6, 2019
The highly volatile Irish manufacturing industries production index fell 9.0% in seasonally-adjusted, month-on-month terms in June, contrasting a revised 3.1% rise in May (previously reported: +2.5% month-on-month).