FX.co ★ Irish Inflation Moderates to 2.8% in December, Provides Economic Assurance

In a significant development for the Irish economy, the Consumer Price Index (CPI) registered a notable decline in December, descending to 2.8% from its previous mark of 3.2% in November. This substantial shift was officially updated on January 15, 2026, offering a sigh of relief for consumers and policymakers who have been closely monitoring inflationary pressures.

The year-over-year comparison highlights a healthier economic trajectory, suggesting that the nation's inflation is stabilizing. The previous indicator comparison, also year-over-year, showed a higher inflation rate for November, emphasizing the recent positive turn in December.

This downward trend is a promising indicator for Ireland's economic outlook as it suggests a potential easing of cost-of-living pressures and a better environment for consumption and investment. The moderation of the CPI may also provide leeway for regulatory bodies when considering monetary policies in the upcoming months. Irish citizens and businesses alike may find renewed confidence as inflationary concerns begin to abate.