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2026.02.1911:20:53UTC+00Ireland Inflation Lowest in 4 Months

Ireland’s annual inflation rate eased to 2.7% in January 2026, down slightly from 2.8% in December and marking the lowest level in four months. Price growth slowed for several major categories, including food and non-alcoholic beverages (3.9% vs 4.1% in December), housing and utilities (3.0% vs 3.3%), information and communication (0.5% vs 1.3%), restaurants and accommodation services (3.3% vs 3.6%), and miscellaneous goods and services (0.3% vs 3.1%).

Meanwhile, prices declined further for transport (-0.1% vs 0.2%) and for furnishings, household equipment, and routine household maintenance (-0.6% vs -0.4%). By contrast, inflation accelerated in clothing and footwear (7.3% vs 5.7%) and in recreation, sport, and culture (4.8% vs 1.8%).

On a monthly basis, consumer prices fell by 0.9% in January, offsetting the 0.5% increase recorded in December.

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