Inflation Ireland 2014
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in June at 0.5%. The lowest inflation was in December at -0.2%.
- Highest month
- June: 0.5%
- Lowest month
- December: -0.2%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 4.6%. The lowest price increase was in Clothing and footwear with an average of -3.3%.
- Highest increase
- Education: 4.6%
- Lowest increase
- Clothing and footwear: -3.3%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 1.5%
- All-time high (2000)
- 5.6%
- All-time low (2009)
- -4.4%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- February: -1.1 percentage points
ECB Target
Inflation is 1.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 0.1% | -1.1 |
| February | 0.0% | -1.1 |
| March | 0.1% | -0.5 |
| April | 0.2% | -0.3 |
| May | 0.4% | -0.1 |
| June | 0.5% | -0.1 |
| July | 0.2% | -0.5 |
| August | 0.5% | +0.4 |
| September | 0.4% | +0.3 |
| October | 0.1% | 0.0 |
| November | 0.0% | -0.4 |
| December | -0.2% | -0.4 |
| Average | 0.2% |
Data source
Data from OECD. Last updated: 11/01/2026.