11.09.202510:19:15UTC+00Ireland Inflation Rises to 4-Month High

In August 2025, Ireland's annual inflation rate reached 2%, marking its highest level in four months, up from 1.7% in July. This uptick was primarily attributed to rising prices in the food and non-alcoholic beverages sector, which climbed to 5.1% from 4.7% the previous month, and a notable recovery in clothing and footwear costs, which jumped to 3.4% after experiencing a decline of 2.4%. Meanwhile, there was a slight slowing in price growth for recreation and culture (down to 2% from 2.3%), restaurants and hotels (to 2.6% from 2.7%), and miscellaneous goods and services (to 1.9% from 2.2%). Prices remained steady for housing and utilities at 2.4%, health at 2.6%, and education at 2.3%. Transport costs continued to decrease, though at a reduced rate, with a decline of 2.3% compared to the previous 2.8%. On a monthly scale, consumer prices rose by 0.4%, following a 0.1% increase in July. Core inflation, which excludes volatile items such as energy and unprocessed food, rose to 2.1%, recovering from a four-year low of 1.8% in July.