FX.co ★ Irish HICP Inflation Edges Up to 0.8% Month-on-Month in February

Ireland’s Harmonised Index of Consumer Prices (HICP) inched higher in February, with the month-on-month rate rising to 0.8%, up from 0.7% previously. Both the previous and current readings are reported for February 2026, indicating a slight acceleration in price growth compared with the immediately preceding month.

The latest figures, updated on 12 March 2026, show that the “actual” value of 0.8% reflects the change in prices in February versus the prior month, while the “previous” value of 0.7% captures how prices moved in the earlier month compared to its own preceding period. The uptick suggests that underlying inflationary pressures in Ireland, as measured on a harmonised EU basis, have firmed modestly on a month-over-month basis.

While the move from 0.7% to 0.8% is incremental, it will be closely watched by policymakers and markets as a potential signal of whether price dynamics in Ireland are stabilising or gradually re-accelerating after earlier slowdowns in inflation momentum.