FX.co ★ Irish Inflation Cools Sharply in April as Monthly CPI Slows to 0.5%

Ireland’s consumer price growth eased significantly in April 2026, with the monthly Consumer Price Index (CPI) rising 0.5%, down from a 1.6% increase in March 2026, according to data updated on 14 May 2026.

On a month‑over‑month basis, April’s figure shows a marked deceleration in price pressures compared with the previous month. The “actual” April reading reflects the change from March to April 2026, while the “previous” 1.6% figure captures the change from February to March 2026, highlighting a clear cooling in short‑term inflation momentum.

The slowdown suggests that Irish consumers faced a more moderate pace of price increases in April, which may ease some immediate cost‑of‑living pressures and could influence expectations around monetary and fiscal policy if the trend continues in the coming months.