Ireland’s Harmonised Index of Consumer Prices (HICP) inflation eased marginally at the start of the year, slipping to 2.6% year-over-year in January 2026 from 2.7% in December 2025. The latest reading, updated on 30 January 2026, suggests a modest cooling in price pressures as measured on a harmonised EU basis.
Both the current and previous figures compare inflation in each respective month with the same month a year earlier, indicating that while consumer prices are still rising, the pace of increase has edged down. This slight deceleration may be monitored closely by policymakers and markets as they assess the trajectory of inflation in Ireland and across the euro area.
