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||-0.09||0.27 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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January 10, 2020
The KBC Bank Ireland/ESRI consumer sentiment rose for the second month straight in December.
January 6, 2020
Business activity in the Irish service sector accelerated markedly in December, as reflected by the AIB service Purchasing Managers’ Index (PMI) rising to 55.9 from 53.7 in November.
January 2, 2020
Business conditions in the Irish manufacturing sector continued to deteriorate in December, albeit the downturn was mild.
December 13, 2019
The economy grew 1.7% in quarter-on-quarter and seasonally-adjusted terms in the third quarter, rebounding from a revised 0.1% contraction in the second quarter (previously reported: +0.7% quarter-on-quarter, seasonally adjusted).
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The highly volatile Irish manufacturing industries production index contracted in October, falling 0.3% in seasonally-adjusted, month-on-month terms, contrasting the revised 9.1% expansion in September (previously reported: +9.4% month-on-month).