11.12.202511:16:26UTC+00Ireland Inflation Rate Hits 21-Month High

In November 2025, Ireland experienced an increase in its annual inflation rate, reaching 3.2%, up from 2.9% in October. This figure represents the highest inflation rate recorded since February 2024. A significant driver of this acceleration was the faster price increases across most sectors. Notably, housing and utilities saw a rise to 3.5%, up from 2.9% the preceding month. Transport costs went up to 2.6% from 1.6%, while the prices of alcoholic beverages and tobacco increased to 2.5% from 2%. The clothing and footwear sector also experienced heightened inflation, jumping to 4.4% from 3.6%. Health costs rose to 2.7% compared to 2.4%, and recreation and culture saw an increase to 3.3% from 2.9%. Education costs saw a notable rise to 8.9% from 8.4%. Prices for restaurants and hotels ticked up to 3.6% from 3.3%, and miscellaneous goods and services went up to 3% from 2.4%. In contrast, there was a slight decrease in the cost of food and non-alcoholic beverages to 4.3% from 4.5%, and communication costs edged down to 1.3% from 1.4%. Deflation persisted in the area of furnishings, household equipment, and routine household maintenance, with prices dropping by 0.6% compared to a 0.4% decrease previously. On a month-to-month basis, consumer prices fell by 0.2%, countering the 0.5% increase observed in October 2025.