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Prices in Ireland up 4.8% in 12 months

This compares with HICP inflation of 5.4% in Ireland in the 12 months to May 2023
It remains to be seen how long it will take to process work permits for chefs after the lengthy delays experience last Summer when waiting times were taking anything from three to 14 weeks.

Food prices are estimated to have increased by 0.2% in the last month and increased by 10.1% in the last 12 months

Prices in Ireland estimated to have risen by 4.8% in the 12 months to June 2023.

This comes from the Central Statistics Office (CSO), which published the flash estimates of inflation from the EU Harmonised Index of Consumer Prices (HICP) for Ireland for June 2023.

The HICP for Ireland is estimated to have risen by 4.8% in the 12 months to June 2023 and risen by 0.8% since May 2023.

This compares with HICP inflation of 5.4% in Ireland in the 12 months to May 2023 and an annual increase of 6.1% in the HICP for the Eurozone in the same period.

Looking at the components of the flash HICP for Ireland in June 2023, energy prices are estimated to have increased by 0.9% in the month but fell by 3.3% over the 12 months to June 2023.

Food prices are estimated to have increased by 0.2% in the last month and increased by 10.1% in the last 12 months.

The HICP excluding energy and unprocessed food is estimated to have increased by 5.7% since June 2022.

Eurostat will publish flash estimates from the EU HICP for the Eurozone for June 2023 on 30 June 2023.

Eurostat will publish the figures for the whole of the Eurozone, including Ireland, on 30 June 2023.


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