euroflation.

🇮🇪Ireland inflation rate

released 2 Oct 2026 · data through September 2026 · flash estimate · next release expected 17 Oct 2026

Ireland joined the euro at its launch in 1999. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 3.8% as of September 2026. That is 1.8 percentage points above the ECB's 2% target, in line with the eurozone average of 3.8%.

The breakdown shows core (excluding energy and food) at 3.1%, energy at 15.3%, food at 0.8% and services at 4.0%. The strongest pressure is in energy (15.3%), while food is the softest (0.8%).

Month on month the headline rose from 3.4% to 3.8%, extending the climb.

Ireland ranks number 12 of 30 European economies by annual inflation, from highest to lowest, between Italy and Slovenia.

Harmonised inflation (HICP) · annual rate
3.8%
vs 2% target
+1.8 pp

Harmonised inflation (HICP) is 3.8% as of September 2026 — that is 1.8 percentage points above the ECB's 2% target.

core (excluding energy and food)
3.1%
▲ 0.1 pp vs prev
energy
15.3%
▲ 3.5 pp vs prev
food
0.8%
▲ 0.2 pp vs prev
services
4.0%
▲ 0.3 pp vs prev
Ireland — annual HICP inflation rate, last 10 years
Source: Eurostat (HICP) · data through September 2026 · modifications: none

National CPI beside the HICP

HICP (EU harmonised)
3.4%
National CPI
3.7%
Difference
+0.3 pp

Both annual rates are for August 2026.

The Central Statistics Office (CSO) publishes two inflation measures for Ireland from the same monthly price survey. The consumer price index (CPI) is the national measure; the HICP shown above is the EU-wide measure that makes Ireland comparable with other countries.

The CSO says the two differ only in coverage and in how insurance is treated. The CPI includes mortgage interest, about 3% of household spending in 2026, and a few smaller costs the HICP leaves out, such as building materials, motor tax, some insurance and the Local Property Tax. Since January 2026 the HICP also counts gambling, which the CPI does not yet include. The CSO names mortgage interest as the main difference between the two.

Use the HICP to compare countries: every country compiles it to the same EU rules. The national CPI follows the statistics office's own national conventions.

Month by month, last 12 months
Both rates are shown as published. The difference is euroflation's calculation.
MonthNational CPIHICPDifference
August 20263.7%3.4%+0.3 pp
July 20263.4%3.1%+0.3 pp
June 20263.4%3.2%+0.2 pp
May 20263.6%3.5%+0.1 pp
April 20263.7%3.6%+0.1 pp
March 20263.6%3.6%0.0 pp
February 20262.7%2.5%+0.2 pp
January 20262.7%2.5%+0.2 pp
December 20252.8%2.7%+0.1 pp
November 20253.2%3.1%+0.1 pp
October 20252.9%2.8%+0.1 pp
September 20252.7%2.7%0.0 pp

The CSO publishes the CPI once a month, usually on the second Thursday of the following month.

Source: Central Statistics Office (CSO), Ireland, Consumer Price Index, table CPM20 (all items, percentage change over 12 months) · released 10 Sept 2026 · retrieved 5 Oct 2026 · modifications: none

Licensed under CC BY 4.0 (CSO copyright policy). Figures are shown unmodified; the difference is euroflation's calculation. The CSO logo is not used. · Same data on the national open-data portal

HICP vs CPI — why eurozone inflation uses a different yardstick →

Compare with the rest of Europe on the European inflation ranking →

Frequently asked questions

What is Ireland's current inflation rate?
Ireland's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 3.8% as of September 2026 This is a flash estimate and may be revised at the final release..
Is Ireland's inflation above or below the ECB's 2% target?
At 3.8%, it is 1.8 percentage points above the European Central Bank's 2% target.
How does Ireland's inflation compare with the rest of Europe?
Ireland ranks number 12 of 30 European economies by inflation, in line with the eurozone average of 3.8%.
Did Ireland's inflation rise or fall last month?
Month on month, the headline rate rose from 3.4% to 3.8% in September 2026.

Ireland — more indicators