Inflation Ireland 2001
Average inflation: 4.9%
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 5.6%. The lowest inflation was in November at 3.8%.
- Highest month
- April: 5.6%
- Lowest month
- November: 3.8%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 10.9%. The lowest price increase was in Communication with an average of -8.1%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 10.9%
- Lowest increase
- Communication: -8.1%
Historical Context
Current inflation is around the 5-year average of 5.3%. This approaches the lowest level since records began (4.9% in 2001).
- 5-year average
- 5.3%
- 10-year average
- 5.3%
- All-time high (2000)
- 5.6%
- All-time low (2001)
- 4.9%
Trend
Inflation shows a downward trend. Compared to 2000, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- November: -3.3 percentage points
ECB Target
Inflation is 2.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2001
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2000 |
|---|---|---|
| January | 5.2% | +1.2 |
| February | 5.3% | +1.0 |
| March | 5.4% | +0.8 |
| April | 5.6% | +0.8 |
| May | 5.3% | 0.0 |
| June | 5.3% | -0.3 |
| July | 4.8% | -1.3 |
| August | 4.5% | -1.6 |
| September | 4.6% | -1.7 |
| October | 4.3% | -2.5 |
| November | 3.8% | -3.3 |
| December | 4.3% | -1.5 |
| Average | 4.9% |
Data source
Data from OECD. Last updated: 13/01/2026.