Annual consumer price inflation in Ireland slowed to 3.4% in June, down from 3.6% in May, according to new figures from the Central Statistics Office (CSO).
The reading marks a four-month low for the annual rate, signaling a persistent deceleration in price pressures across the economy.
8% in June, dropping below the 3% threshold for the first time since April.
The CSO noted that the final figure was in line with the flash estimate released earlier in the month, suggesting that the disinflationary trend is well-established and not subject to significant revision.
The stability of the data reinforces the view that underlying demand pressures are moderating.
This development mirrors the broader trajectory seen across the eurozone, where annual inflation fell to 2.8% in June, dropping below the 3% threshold for the first time since April.
The synchronized cooling in both Irish and eurozone price data provides a consistent backdrop for monetary policy considerations, indicating that the region is moving steadily toward the European Central Bank’s 2% target.