FX.co ★ Irish Inflation Remains Elevated at 2.7% in October

Ireland's Harmonised Index of Consumer Prices (HICP) experienced a year-on-year increase of 2.7% in October 2025, maintaining its highest point since January 2024 and significantly surpassing the European Central Bank's target of 2%. Energy prices saw a rise of 2.7%, and food prices jumped by 4.6%. When energy and unprocessed food prices are excluded, the HICP increased by 2.6%, according to preliminary estimates.