Ireland Inflation Rate
Jul 2026 · Monthly
Ireland's consumer price inflation rose to 3.67% in August 2026, up from 3.39% in July, according to the International Monetary Fund. The August reading marks the highest level since March 2026, when the rate stood at 3.62%. Over the past year, inflation has accelerated from 1.97% in August 2025, more than doubling from that level. The current rate remains well below the all-time high of 24.15% recorded in May 1975 and far above the record low of -6.51% set in October 2009. The series, which began in February 1956, shows inflation has now exceeded 3% for five consecutive months through August. Separately, producer prices rose 3.9% month-on-month in July 2026, the latest available reading for that series, according to the International Monetary Fund.
source: International Monetary Fund
Inflation rate in Ireland eased to 3.39% in July 2026 from 3.39% in the previous month, remaining near its recent range. The rate has stayed above 3% since March 2026, yet remains far below the all-time high of 24.15% recorded in May 1975.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.4% | 3.4% | 24.2%May 1975 | -6.5%Oct 2009 | 1956 – 2026 | Monthly |
News
About this series
Inflation Rate in Ireland averaged 2.3% from 1990 until 2026, reaching an all-time high of 24.2% in May 1975 and a record low of -6.5% in Oct 2009. The series is reported monthly with history from 1956.
The inflation rate measures the year-over-year change in consumer prices for Ireland, expressed as a percentage. It is reported monthly and covers the period from February 1956 to the present.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
FAQ