Prices have risen by 3.4% in August, figures show

Consumer prices in Ireland are estimated to have risen by 3.4% in the 12 months to August 2026, according to figures released by the Central Statistics Office (CSO).

This compares with Harmonised Index of Consumer Prices (HICP) inflation of 3.1% in Ireland in the 12 months to July 2026, as well as an annual increase for the Eurozone in the same period.

When excluding energy and unprocessed food, the HICP is estimated to have increased by 2.6% since August 2025.

The CSO say that energy prices are estimated to have increased by 4.3% in August, and have risen by 11.8% in the last year to August 2026.

Food prices are estimated to have fallen by 0.2% in August and risen by 0.1% over the last 12 months.

Anthony Dawson, Statistician in the Prices Division of the CSO, 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 risen by 3.4% in the past year. Looking at the components of the flash HICP in Ireland for August 2026, energy prices are estimated to have increased by 4.3% in the month and risen by 11.8% since August 2025. The HICP excluding energy and unprocessed food prices is estimated to have increased by 2.6% since August 2025.

“Food prices are estimated to have gone down by 0.2% in the last month and gone up by 0.1% in the last 12 months. Service prices remain unchanged in the month and have risen by 3.7% in the 12 months to August 2026.

“The corresponding rate for the Eurozone will be published on 01 September 2026. These flash estimates are subject to revision when the final HICP results are published next month.”