FX.co ★ Ireland's Inflation Rate Cools as HICP Drops to 2.7% in December 2025

Ireland witnessed a moderate decrease in its inflation rate at the end of 2025, as the Harmonised Index of Consumer Prices (HICP) fell to 2.7% in December, down from 3.1% in November. The latest figures, updated on January 6, 2026, highlight a year-over-year comparison, providing a snapshot of the country's economic health and consumer price trends.

The decline in the HICP suggests a cooling of inflationary pressures within the Irish economy as 2025 came to a close. The decrease could be attributed to various factors, including improvements in supply chains, energy prices stabilization, or effective monetary policies implemented earlier in the year.

Economists and policymakers will be closely monitoring these developments as they look to sustain economic growth while keeping inflation within manageable levels. The decrease marks a positive shift, reflecting efforts to achieve price stability in Ireland's dynamic economic landscape. As consumer prices remain a critical indicator of economic health, the 2.7% figure provides a promising outlook for sustainable inflation management in the coming months.