Irish consumer prices rose by 1.5%, year on year, in January, compared to 1% a month earlier, a flash estimate from the Harmonised Index of Consumer Prices (HICP) showed recently.
The data, published by the Central Statistics Office (CSO), indicates that inflation is at its highest level in five months.
Irish inflation was the lowest in the Eurozone in December, when consumer prices were 2.4% higher on average, year on year, across the region, according to RTÉ.
Core Irish HICP – which excludes energy and unprocessed food – also rose to 2% in January.
This was up from 1.6% in December.
The figures from the CSO indicate that energy prices have grown by an estimated 1.2% in the month and decreased by 2.7% over the 12 months to January 2025.
Estimates suggest that food prices have fallen by 0.7% in the last month and risen by 1.4% in the last 12 months.
Eurostat will publish flash estimates for the Eurozone for January 2025 on 3 February.
Read More: Monthly And Annual Retail Sales Increased In December 2024 – CSO
