Inflation Ireland 2010

Average inflation: -0.9%

Current Inflation

There is deflation with consumer prices declining by 0.9%.

Peak and Trough

The highest inflation was in December at 1.4%. The lowest inflation was in January at -3.9%.

Highest month
December: 1.4%
Lowest month
January: -3.9%
Difference
5.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 6.5%. The lowest price increase was in Clothing and footwear with an average of -9.3%.

Highest increase
Education: 6.5%
Lowest increase
Clothing and footwear: -9.3%

Historical Context

Current inflation is 2.4% lower than the 5-year average of 1.5%.

5-year average
1.5%
10-year average
2.5%
All-time high (2000)
5.6%
All-time low (2009)
-4.4%

Trend

Inflation shows a downward trend. Compared to 2009, inflation has fallen by +3.5 percentage point.

Change vs. previous year
+3.5 percentage points
Largest monthly swing
October: +7.3 percentage points

ECB Target

Inflation is 2.9% 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 €99.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2010

Inflation by category

Food and non-alcoholic beverages
-4.5%
-3.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
-2.6%
-1.7vs avg.
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Clothing and footwear
-9.3%
-8.4vs avg.
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Housing, water, electricity, gas and other fuels
1.8%
+2.7vs avg.
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Furnishings, household equipment and maintenance
-4.0%
-3.1vs avg.
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Health
0.6%
+1.5vs avg.
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Transport
3.1%
+4.0vs avg.
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Communication
1.4%
+2.3vs avg.
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Recreation and culture
-1.7%
-0.8vs avg.
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Education
6.5%
+7.4vs avg.
More details →
Restaurants and hotels
-2.6%
-1.7vs avg.
More details →
Miscellaneous goods and services
1.2%
+2.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2009
January -3.9% -3.9
February -3.2% -1.6
March -3.0% -0.4
April -2.1% +1.4
May -1.0% +3.6
June -0.9% +4.4
July -0.1% +5.7
August 0.3% +6.2
September 0.4% +6.9
October 0.8% +7.3
November 0.6% +6.3
December 1.4% +6.4
Average -0.9%

Data source

Data from OECD. Last updated: 11/01/2026.

See also