Ireland inflation rate for 2023 was 6.30%, a 1.53% decline from 2022.
Ireland inflation rate for 2022 was 7.83%, a 5.49% increase from 2021.
Ireland inflation rate for 2021 was 2.34%, a 2.67% increase from 2020.
Ireland inflation rate for 2020 was -0.33%, a 1.26% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
