Inflation

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#Inflation

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>An IMF spokeswoman said oil and gas prices remain elevated and the energy shock from the war is not over. Picture: Andrew Harnik/AP </p>

news

IMF: World has weathered energy shock due to Middle East war better than expected

The International Monetary Fund predicts that global economic output is still expected to expand by about 3% in 2026 — but cautioned that risks remained high

<p> The Central Bank said: 'New floating rate consumer loans had a weighted average interest rate of 7.90% at end-July, while new fixed rate consumer loans had a weighted average interest rate of 5.05%.' File photo: Leah Farrell/Rollingnews.ie</p>

economy

Average interest rate on consumer loans drops significantly

<p>According to the latest data from the Central Bank of Ireland, in June the average interest rate on new mortgages was down 11 basis points compared to last year, hitting 3.49%. Picture: iStock</p>

economy

Remortgaging and switching activity surges in July

Fuel prices

economy

Households remain squeezed by price rises

David McNamara: British economy is stuck in stagnation

David McNamara: The US Fed’s ‘say nothing’ strategy testing markets

Irish Economy As Latest Retail Figures Released

economy

Inflation rate moderates to 3.1% as eurozone grows faster than expected

Irish Government's Summer Economic Statement

Summer Economic Statement: Ministers won't have anything like €8.5bn for Budget 2027

Jack Chambers and Simon Harris will have €7bn to play with after €1.5bn in tax cuts. But much of it is already accounted for. And watch out for public sector pay demands, writes PAUL HOSFORD

Wed, 22 Jul, 2026

European Central Bank President Christine Lagarde Speaks At International Womens Day 2026 Conference

ECB likely to hold off on rate hike as eurozone inflation falls

Annual inflation rate in June stood at 2.8% across the eurozone — down from 3.2% in May

Sun, 19 Jul, 2026

Man shopping at the supermarket - blurred motion

Inflation slows as food prices moderate

Consumer prices rose by 0.3% in the month between May 2026 and June 2026.

Thu, 09 Jul, 2026

Business meeting

Record number of start-ups founded in first half of 2026

A report from Vision-net by CRIF shows 14,949 companies were established to the end of June, a 13% increase on the same period last year, with strong growth recorded across all geographic regions and various sectors

Mon, 06 Jul, 2026

Refueling at a modern gas station with green fuel pumps and a customer filling their vehicle in a well-lit, organized space duri

Fuel excise duty cuts will stay in place for a further month

Due to expire on July 31, the cuts to excise duties on petrol and diesel will continue until the end of August

Mon, 29 Jun, 2026

Bank of Ireland's new Dublin headquarters

ECB’s Philip Lane believes inflation will top 2% for some time

The remarks underscore the ECB’s belief that progress toward a lasting peace with Iran isn’t enough on its own to tame inflation in Europe

Tue, 23 Jun, 2026

Inflation forecast to largely cancel out pay rises as energy price hikes 'erode' disposable income

Inflation forecast to largely cancel out pay rises as energy price hikes 'erode' disposable income

The Central Bank said 'expectations around real wages have declined'

Thu, 18 Jun, 2026

European Central Bank President Christine Lagarde Speaks At International Womens Day 2026 Conference

David McNamara: ECB is fighting the last war on inflation

The ECB was burned by being late to react after Russia's invasion of Ukraine in 2022, but the peace deal in the Middle East raises the risk that this time it made an error of hiking rates too soon

Mon, 15 Jun, 2026

Electric bill charges paper

Vulnerable households get less protection than well-off from energy price hikes, ESRI says

The Economic and Social Research Institute's associate research professor Dr Claire Keane said: 'More targeted measures could better protect vulnerable groups at a lower cost'

Fri, 12 Jun, 2026

European Central Bank President Christine Lagarde Speaks At International Womens Day 2026 Conference

Eurozone interest rate hike to put ECB at vanguard of global tightening

The response of officials in Frankfurt to the energy shock unleashed by US president Donald Trump’s attack on Iran will aim to ensure that the fastest eurozone inflation since 2023 doesn’t become entrenched

Sun, 07 Jun, 2026

European Central Bank President Christine Lagarde Speaks At International Womens Day 2026 Conference

Inflation remains high ahead of interest rate meeting

With inflation running well ahead of the European Central Bank's target of 2%, an interest rate increase looks likely next month

Fri, 29 May, 2026

Central Bank of Ireland conference

Slower growth and higher inflation could 'test borrowers'

Central Bank of Ireland warns of mounting risks to the economy and financial system

Wed, 27 May, 2026

Bank of Ireland's new Dublin headquarters

ECB's Philip Lane expects revised inflation and growth forecasts as 'outlook has gotten worse'

Former Central Bank of Ireland governor predicts upward adjustment to the inflation forecast in June

Tue, 26 May, 2026

Consumer sentiment recovers slightly in May as energy cost concerns ease

Consumer sentiment recovers slightly in May as energy cost concerns ease

Economist Austin Hughes said the improvement in consumer sentiment in May could reflect two different developments — a ceasefire in the Middle East and the Irish Government introducing supports in response to the global energy crisis

Fri, 22 May, 2026

OPEC Oil Prices

Inflation could top 7% if Iran crisis deepens

AIB Economic Outlook Report expecting lower rate of 4% this year

Thu, 14 May, 2026

Grocery inflation

Shoppers 'squeezed' as Irish grocery inflation rises to 6.7%

'Consumer uncertainty due to global events has sparked a sense of caution among shoppers'

Tue, 05 May, 2026

ECB rate hike in June 'all but inevitable'

ECB rate hike in June 'all but inevitable'

Most economists and investors expect a quarter-point hike next month

Mon, 04 May, 2026

Illinois

Carole Coleman: Don't ask Americans about news or politics. They're done

Democratic Illinois has little tolerance for the current Washington administration

Mon, 04 May, 2026

Middle East conflict

Alan Healy: Ireland plots another economic escape but the previous game plan may not work

Previous shocks to our economy were largely absorbed by the impact of multinationals and our strong export market. The current situation is different

Fri, 01 May, 2026

European Central Bank President Christine Lagarde Speaks At International Womens Day 2026 Conference

ECB holds rates with Iran war’s impact still unfolding

The ECB offered no guidance on future decisions, reiterating it will act one meeting at a time based on information as it arrives

Thu, 30 Apr, 2026

Rising costs may cut amount of work done on Cork's roads, councillors told

Rising costs may cut amount of work done on Cork's roads, councillors told

Inflation will eat into the record €239m funding from the Government this year, Cork County Council’s director of roads and transportation said

Mon, 27 Apr, 2026

Louise Burne: Government making budget promises in age of uncertainty

Louise Burne: Government making budget promises in age of uncertainty

For the second year running, the Government’s economic planning is being framed by global instability

Tue, 21 Apr, 2026

Spring Economic Statement

No recession forecast for Ireland but Budget 2027 will require tough trade-offs, ministers warn

Government forecasts continued economic growth despite global risks, but warns Budget 2027 will require spending restraint and difficult fiscal choices

Tue, 21 Apr, 2026

Tax revenues receipts

Government predicts €1.2bn budget deficit and says inflation could reach 6.7% in 2026

Department outlines scenarios showing energy disruption could push prices higher, with economic risks weighted toward downside pressures

Tue, 21 Apr, 2026

Shoppers at supermarket Sainsbury's for their weekly shopping when special prices are on offer, dealing with the cost of living

Grocery inflation hits 6.5% with 'additional price increases' ahead due to Iran war

Analysis also reveals that 26% of Irish shoppers now 'describe themselves as financially struggling'

Tue, 07 Apr, 2026

Financial Services Ireland calls for tax exemption for investment accounts

Financial Services Ireland calls for tax exemption for investment accounts

FSI said the initial goal of the accounts is to help 'more people in Ireland become financially resilient through investing' and get more money into capital markets to help fund growth

Mon, 30 Mar, 2026

Iran war to have greater impact on fuel prices than invasion of Ukraine, ESRI warns

Iran war to have greater impact on fuel prices than invasion of Ukraine, ESRI warns

The research institute has also warned against cutting indirect taxes such as excise duties, which disproportionately impact higher income households

Wed, 25 Mar, 2026

Wholesale electricity prices were down over 23% prior to Iran war, CSO says

Wholesale electricity prices were down over 23% prior to Iran war, CSO says

Brent crude oil rose above $113 (€97.52) a barrel, up for a fifth day, while West Texas Intermediate was near $100

Mon, 23 Mar, 2026

St Patrick's Day Parade - London

Government still aims to cut worker taxes in budget despite Iran crisis

However, he ruled out the prospect of a mini emergency budget in the wake of the Iran war

Sun, 15 Mar, 2026

Shoppers at supermarket Sainsbury's for their weekly shopping when special prices are on offer, dealing with the cost of living

Inflation rises in year to February as cheese, white bread and butter prices go up

The Central Statistics Office also reported the highest volume of housing permissions in 16 years

Thu, 12 Mar, 2026

Weekly supermarket shopping

Caitríona Redmond: We’ve had enough jargon — why do we feel like we have less money?

The terms negative consumer sentiment, Vibecession, Boomcession, and K-Shaped Economy don’t quite describe that bad feeling when we struggle with the cost of grocery shopping. It’s time to debunk the jargon and start calling the high cost of living a saga.

Mon, 02 Mar, 2026

Full shopping cart, customer is stocking vital needs because of global chaos. Shopping with blur supermarket store products, int

Households face gloomy 'vibecession' with food bills expected to remain high

David Looney, a financial advisory director at Alpha Wealth, said the inflation figures for January show that the rising cost of food remains 'stubbornly' high as consumers are feeling the pinch

Fri, 20 Feb, 2026

Construction worker carrying metal bar at construction site

Commercial construction inflation eases, report finds

Tender prices increased by 1% during the second half of 2025, the lowest rate of increase since 2020

Tue, 17 Feb, 2026

Jim Clarken: World's super rich are shaping society

Jim Clarken: World's super rich are shaping society

Wealth tax would help with social solidarity, guard against extremism, and shore up public finances

Fri, 23 Jan, 2026

Benny McCabe: Hike in the price of a pint unfairly hits publicans and their customers

Benny McCabe: Hike in the price of a pint unfairly hits publicans and their customers

Cork publican Benny McCabe writes that traditional Irish pubs are the guardians of a tradition and they and their customers keep getting walloped while big suppliers enjoy a taxpayer-funded subsidy

Sun, 18 Jan, 2026

Food prices

Food, pints and insurance costs surge as inflation hits Irish households

New CSO figures show food, drink and insurance costs rising far faster than headline inflation, deepening pressure on households

Fri, 16 Jan, 2026

Couple discussing over medical bill while sitting on sofa

Inflation has hit Irish wallets — but wage rises help us stay ahead

The CSO's 'harmonised index of consumer prices' is a crucial measure of spending power

Mon, 12 Jan, 2026

Big chunk of exchequer’s income could 'vanish' if handful of US companies change their tax profile

Economists warn that we are 'so plugged into the US economy' that a further shift in the volatile geopolitical scene could plunge Ireland into recession

Mon, 12 Jan, 2026

Irish electricity price increase to outpace EU counterparts

Irish electricity price increase to outpace EU counterparts

Ireland moved from having some of the cheapest electricity in the EU15 in 1990 to being one of the most expensive countries for nearly all domestic consumption bands by early 2025 in euro terms

Fri, 09 Jan, 2026

Confidence in food export growth sees 'marked decline'

Confidence in food export growth sees 'marked decline'

This is despite food and drink exports hitting a record high in 2025 of €19bn

Wed, 07 Jan, 2026

Here's how much your new year's resolution could save you

Here's how much your new year's resolution could save you

The Central Statistics Office has taken a look at the potential savings to be made from typical new year's resolutions

Tue, 30 Dec, 2025

Germany ECB Cyberattack

ECB holds rates with growth firmer and inflation near target

ECB president Christine Lagarde: 'We reconfirmed that we are in a good place, which does not mean that we are static.'

Thu, 18 Dec, 2025

Home For Sale Real Estate Sign and Beautiful New House.

House prices continue to rise but rate of increase slows to lowest in 18 months, CSO says

Property prices in Ireland are now over 20% above their Celtic Tiger peak, and prices outside Dublin are nearly triple what they were at their lowest in May 2013

Wed, 17 Dec, 2025

Woman Scanning Groceries at Self Checkout in Supermarket

Grocery price inflation eases slightly in run-up to Christmas

Nearly 18% of Irish households bought their groceries online in the 12 weeks to November 30

Mon, 15 Dec, 2025