Households remain squeezed by price rises

'The impact from Europe's record-breaking summer on food and crop yields also remains a concern for grocery inflation over the coming months'

The national average price for a litre of diesel in July 2026 was €1.76, an increase of 6c on the same time last year.

Irish households remain squeezed by rising prices despite continued drops in car and home insurance premiums.

New data from the Central Statistics Office (CSO) shows the annual price changes remained at 3.4%, with all sectors recording an overall year-on-year increase. The 3.4% rate remains significantly above the target 2% inflation rate set by governments.