Back to today’s briefing

Story perspectives

Ireland's CPI Rises 1.9%, Households Face Living Cost Strain

2/21/2025

46 8

Summary

Story summary

Ireland's Consumer Price Index (CPI) increased by 1.9% year-on-year in January 2025, up from 1.4% in December 2024.
Restaurants & Hotels and Transport experienced the highest price rises at 3.9%.
Butter prices rose by 55 cents, while Irish cheddar increased by 35 cents.
Clothing & Footwear prices decreased by 6.5%.
Households continue to feel the strain from escalating living costs despite lower inflation.

History

Historical Context

Ireland's January 2025 CPI rise to 1.9% echoes the 2007-2008 global food crisis, where spikes in food prices led to widespread unrest. Historical supply disruptions and rising energy costs similarly pressured consumers then, highlighting ongoing vulnerabilities in food security and living costs today.

1 of 2

Story summary

Ireland's Consumer Price Index (CPI) increased by 1.9% year-on-year in January 2025, up from 1.4% in December 2024.
Restaurants & Hotels and Transport experienced the highest price rises at 3.9%.
Butter prices rose by 55 cents, while Irish cheddar increased by 35 cents.
Clothing & Footwear prices decreased by 6.5%.
Households continue to feel the strain from escalating living costs despite lower inflation.

1 / 2