Inflation Ireland 2011
Average inflation: 2.6%
Current Inflation
Inflation is normal at 2.6%, around the ECB target.
Peak and Trough
The highest inflation was in April at 3.2%. The lowest inflation was in January at 1.7%.
- Highest month
- April: 3.2%
- Lowest month
- January: 1.7%
- Difference
- 1.5 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 9.8%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -2.3%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 9.8%
- Lowest increase
- Furnishings, household equipment and maintenance: -2.3%
Historical Context
Current inflation is 1.4% higher than the 5-year average of 1.2%.
- 5-year average
- 1.2%
- 10-year average
- 2.3%
- All-time high (2000)
- 5.6%
- All-time low (2009)
- -4.4%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +3.5 percentage point.
- Change vs. previous year
- +3.5 percentage points
- Largest monthly swing
- March: +5.9 percentage points
ECB Target
Inflation is 0.6% 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 €102.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 1.7% | +5.6 |
| February | 2.2% | +5.4 |
| March | 2.9% | +5.9 |
| April | 3.2% | +5.3 |
| May | 2.7% | +3.7 |
| June | 2.7% | +3.6 |
| July | 2.7% | +2.8 |
| August | 2.0% | +1.7 |
| September | 2.6% | +2.2 |
| October | 2.8% | +2.0 |
| November | 2.9% | +2.3 |
| December | 2.4% | +1.0 |
| Average | 2.6% |
Data source
Data from OECD. Last updated: 11/01/2026.