Rising food costs see inflation climb to 1.6%

Food prices continue to outpace inflation, with a 0.3% rise in the past month contributing to a 4.3% hike since June 2024

Euro area inflation is likely to have quickened for the first time since the start of the year in June, though it matched the European Central Bank’s goal in the process, according to economists. 

Irish inflation climbed upwards in the 12 months to June 2025 with continuing food price hikes putting growing pressure on consumer costs. 

New flash figures released by the Central Statistics Office (CSO) on Monday found that annual inflation rose by 1.6% in June when measured using the EU harmonised index of consumer prices (HICP).