Inflation jumps to highest levels in more than two years

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Inflation has jumped to its highest level in more than two years, hitting 3.6%, the Consumer Price Index published on Thursday shows. Picture: Gareth Fuller/PA Wire

Inflation has jumped to its highest level in more than two years, hitting 3.6%, the Consumer Price Index published on Thursday shows. 

The rise of 3.6% between March 2025 and March 2026 was a considerable jump from the 2.7% in the 12 months to February 2026. This was the highest annual rate of inflation observed in the CPI since January 2024 when the rate of inflation was 4.1%, according to the Cental Statistics Office (CSO).