Irish inflation eases to 3.3% in June, hitting four-month low

The CSO flash estimate shows price pressures cooling further, adding to a broader trend of disinflation across the region as UK data also softened.

By Handelsavisen Newsroom · Automated 2026-06-30 10:30 UTC · 1 min read

Ireland’s annual inflation rate slowed to 3.3% in June, down from 3.5% in May, according to a flash estimate from the Central Statistics Office (CSO).

The figure marks the lowest level of price growth in four months, signaling a continued easing of consumer price pressures in the eurozone member state.

While the rate remains above the European Central Bank’s 2% target, the downward trajectory aligns with broader regional patterns where energy and food price volatility has begun to stabilize.

The Harmonised Index of Consumer Prices (HICP) data suggests that the disinflationary trend is persisting, albeit gradually.

While the rate remains above the European Central Bank’s 2% target, the downward trajectory aligns with broader regional patterns where energy and food price volatility has begun to stabilize.

This development follows similar softening in neighboring markets.

Preliminary data from the UK Office for National Statistics recently showed inflation falling to 2.8% in April, down from 3.3% in March and below consensus forecasts.