Inflation Ireland 2000
Average inflation: 5.6%
Current Inflation
Inflation is very high at 5.6%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 7.1%. The lowest inflation was in January at 4.0%.
- Highest month
- November: 7.1%
- Lowest month
- January: 4.0%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 11.6%. The lowest price increase was in Clothing and footwear with an average of -5.0%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 11.6%
- Lowest increase
- Clothing and footwear: -5.0%
Historical Context
Current inflation is around the 5-year average of 5.6%. This approaches the highest level since records began (5.6% in 2000).
- 5-year average
- 5.6%
- 10-year average
- 5.6%
- All-time high (2000)
- 5.6%
- All-time low (2000)
- 5.6%
Trend
ECB Target
Inflation is 3.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2000
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 4.0% |
| February | 4.3% |
| March | 4.6% |
| April | 4.8% |
| May | 5.3% |
| June | 5.6% |
| July | 6.1% |
| August | 6.1% |
| September | 6.3% |
| October | 6.8% |
| November | 7.1% |
| December | 5.8% |
| Average | 5.6% |
Data source
Data from OECD. Last updated: 13/01/2026.