FX.co ★ Irish Inflation Gauge Eases in September as HICP Momentum Slows

Ireland’s Harmonised Index of Consumer Prices (HICP) cooled in September, pointing to a further easing of inflationary momentum in the country. The month‑over‑month rate slipped to 0.2% in September 2026, down from 0.6% in the previous reading, according to data updated on 8 October 2026.

The figures show that price pressures moderated notably over the latest month, with the current 0.2% rise in HICP reflecting a slower pace of increase compared with the 0.6% month‑on‑month gain recorded previously. On a comparative basis, the “actual” data capture the change between September and the preceding month, while the “previous” figure reflects the change seen in the prior month against its earlier comparison period.

The softer monthly HICP reading suggests some cooling in short‑term inflation dynamics, a development closely watched by market participants and policymakers assessing the trajectory of consumer prices and potential implications for monetary conditions in Ireland and the wider euro area.