Inflation Ireland 2005
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in September at 3.0%. The lowest inflation was in March at 2.1%.
- Highest month
- September: 3.0%
- Lowest month
- March: 2.1%
- Difference
- 0.9 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 10.4%. The lowest price increase was in Clothing and footwear with an average of -2.8%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 10.4%
- Lowest increase
- Clothing and footwear: -2.8%
Historical Context
Current inflation is 1.0% lower than the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 10-year average
- 3.9%
- All-time high (2000)
- 5.6%
- All-time low (2004)
- 2.2%
Trend
Inflation has remained relatively stable. Compared to 2004, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- April: +1.0 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 2.3% | +0.6 |
| February | 2.3% | +0.6 |
| March | 2.1% | +0.7 |
| April | 2.4% | +1.0 |
| May | 2.4% | +0.6 |
| June | 2.2% | +0.1 |
| July | 2.5% | -0.1 |
| August | 2.2% | -0.5 |
| September | 3.0% | +0.5 |
| October | 3.0% | +0.3 |
| November | 2.6% | -0.2 |
| December | 2.5% | 0.0 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 11/01/2026.