Irish consumer prices rise 2.7%
CSO flash estimate shows Irish HICP inflation at 2.7% in December 2025, with food prices up over the year
Print7 January 2026
The Central Statistics Office has recently reported that Ireland’s Harmonised Index of Consumer Prices rose 2.7% over the year to December 2025, reflecting broad price increases across consumer goods and services.
Ireland’s consumer price inflation, as measured by the EU Harmonised Index of Consumer Prices (HICP), is estimated to have risen 2.7% in the 12 months to December 2025, according to flash estimates published by the Central Statistics Office (CSO).
Price pressures
This marks a moderate deceleration from the 3.1% annual rate recorded in November 2025 but continues to signal persistent price pressures in the economy.
Among the key components, food prices increased by an estimated 4.0% over the year, despite a slight decrease in the month of December itself. Meanwhile, energy prices were down marginally on the month but up 2.4% across the year.
Excluding volatile items such as energy and unprocessed food, the underlying inflation rate — often used to gauge broader price trends — rose 2.6% since December 2024, suggesting that core inflationary pressures remain elevated.
The flash HICP estimate provides an early indicator of overall inflation trends across Ireland and Europe, with final figures due to be published alongside the full Consumer Price Index release in mid-January.
For retailers and consumer markets, sustained inflation — particularly in food categories — continues to influence purchasing patterns and cost pressures as households navigate evolving price dynamics.
Read more: IFA: CSO inflation update must be put in context
© 2026, ShelfLife by Ryan Brennan
Related Articles
Retail sales tick up modestly in September →
Followers 0
Fans 0
Followers