INFLATION HAS CAUSED food prices to rise by 5% in the past year, while consumer prices generally have increased by 1.8%, according to the latest figures from the EU Harmonised Index of Consumer Prices (HICP).

The HICP is Europe's official measure of inflation which has been harmonised to allow comparisons across Eurozone countries.

The Central Statistics Office (CSO) compiles the estimates and final results for Ireland. It today published the flash estimate relating to inflation in Ireland.

The August figures from the HICP suggest general inflation in Ireland has increased by 0.2% between July and August, with food prices alone increasing by o.4%.

Overall, the HICP for products and services other than energy and unprocessed food, surged by 1.9% since August 2024.

Energy prices fell by 0.3% between July and August, and 0.1% over the 12 months to August 2025.

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Transport costs have also fallen. The costs of travel were reduced by 0.5% between July and August 2.4% in the 12 months to August 2025.

Ireland's inflation rates are still slightly lower than the most recent Eurozone average of 2.0%.

Commenting on the data published today, Anthony Dawson, Statistician in the Prices Division, said: "The latest flash estimate of the Harmonised Index of Consumer Prices (HICP), compiled by the CSO, indicates that prices for consumer goods and services in Ireland are estimated to have increased by 1.8% in the past year."

"Looking at the components of the flash HICP in Ireland for August 2025, energy prices are estimated to have decreased by 0.3% in the month and fallen by 0.1% since August 2024. The HICP, excluding energy and unprocessed food prices, is estimated to have grown by 1.9% since August 2024," he added.

"Food prices are estimated to have increased by 0.4% in the last month and risen by 5.0% in the last 12 months. Transport costs have fallen by 0.5% in the month and decreased by 2.4% in the 12 months to August 2025."

The CSO results for Ireland are sent to Eurostat who then publishes the figures alongside results for other countries within the Eurozone.

These flash estimates are subject to revision when the final HICP results are published on 16 February.

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