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Ireland Inflation

Ireland Inflation

Inflation in Ireland

Harmonized consumer price inflation averaged 1.2% in the ten years to 2022. The 2022 average figure was 8.1%. For more inflation information, visit our dedicated page.

Ireland Inflation Chart

Note: This chart displays Inflation (HICP, ann. var. %, aop) for Ireland from 2014 to 2023.
Source: Macrobond.

Ireland Inflation Data

2019 2020 2021 2022 2023
Inflation (HICP, ann. var. %, aop) 0.9 -0.5 2.4 8.1 5.2
Inflation (HICP, ann. var. %, eop) 1.1 -1.0 5.7 8.2 3.2
Inflation (Core, ann. var. %, aop) 0.9 -0.4 2.3 7.8 5.3
Inflation (WPI, ann. var. %, aop) -1.0 -8.7 -5.2 9.0 -1.3
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Irish inflation projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Irish inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Irish inflation projections.

Want to get access to the full dataset of Irish inflation forecasts? Send an email to info@focus-economics.com.

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