Inflation Ireland 2009
Average inflation: -4.4%
Current Inflation
There is deflation with consumer prices declining by 4.4%.
Peak and Trough
The highest inflation was in January at 0.0%. The lowest inflation was in September at -6.5%.
- Highest month
- January: 0.0%
- Lowest month
- September: -6.5%
- Difference
- 6.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 7.6%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -21.8%.
- Highest increase
- Miscellaneous goods and services: 7.6%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -21.8%
Historical Context
Current inflation is 6.6% lower than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 3.2%
- All-time high (2000)
- 5.6%
- All-time low (2009)
- -4.4%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +8.4 percentage point.
- Change vs. previous year
- -8.4 percentage points
- Largest monthly swing
- September: -10.8 percentage points
ECB Target
Inflation is 6.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €95.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 0.0% | -4.4 |
| February | -1.6% | -6.3 |
| March | -2.6% | -7.7 |
| April | -3.5% | -7.8 |
| May | -4.6% | -9.2 |
| June | -5.3% | -10.2 |
| July | -5.8% | -10.1 |
| August | -5.9% | -10.3 |
| September | -6.5% | -10.8 |
| October | -6.5% | -10.4 |
| November | -5.7% | -8.3 |
| December | -5.0% | -6.1 |
| Average | -4.4% |
Data source
Data from OECD. Last updated: 11/01/2026.