FX.co ★ Irish Inflation Tick-Up: CPI Accelerates to 0.7% in October

Ireland’s consumer price pressures strengthened in October, with the country’s Consumer Price Index (CPI) rising 0.7% month-over-month, up from a 0.2% increase in September 2026. The latest data, updated on 11 November 2026, signal a notable acceleration in price growth compared with the previous month.

On a month-over-month basis, the October reading shows inflation gaining momentum after a relatively subdued September, when prices inched up just 0.2% versus August. The comparison underscores a shift toward firmer short-term price dynamics, which may draw renewed attention from businesses and policymakers monitoring cost trends and consumer purchasing power.

The month-over-month framework used for this indicator compares each month’s price level with that of the immediately preceding month. In this case, October’s 0.7% rise is measured against September, while the earlier 0.2% figure reflected the change from August to September, highlighting a clear pickup in inflationary pressure as autumn progressed.