Inflation Rate 2024 Ireland 2024. The current inflation rate in ireland is 0.70%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024. Northern ireland economy forecast to grow by 0.7% in 2024, accelerating to 1.6% in 2025;
This is the sixth time since september 2021 that the annual growth in the cpi has been below 5% while also being the sixth consecutive month where the inflation rate was. Headline inflation in the euro area is set to more than halve in 2024, from 5.4% in 2023 to 2.4%, before easing more gradually to 2.1% in 2025 and 1.9% in 2026.