Inflation Ireland 2009

Average inflation: -4.4%

Inflation in 2009

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

Inflation is 6.6 percentage points 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

Over the period 2007-2009, inflation shows a downward trend. Compared to 2008, inflation has fallen by 8.4 percentage points.

Change vs. previous year
-8.4 percentage points
Largest monthly swing
September: -10.8 percentage points

ECB Target

Inflation is 6.4 percentage points 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

Food and non-alcoholic beverages
-3.5%
+0.9 vs avg.
Alcoholic beverages, tobacco and narcotics
6.4%
+10.8 vs avg.
Clothing and footwear
-11.8%
-7.4 vs avg.
Housing, water, electricity, gas and other fuels
-21.8%
-17.4 vs avg.
Furnishings, household equipment and maintenance
-3.1%
+1.3 vs avg.
Health
3.6%
+8.0 vs avg.
Transport
-3.9%
+0.5 vs avg.
Communication
0.5%
+4.9 vs avg.
Recreation and culture
-0.3%
+4.1 vs avg.
Education
6.3%
+10.7 vs avg.
Restaurants and hotels
-0.1%
+4.3 vs avg.
Miscellaneous goods and services
7.6%
+12.0 vs avg.

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: 23/05/2026.

See also