Ireland Records 1.7% Inflation Rate in March: Analysis

Tuesday, 2 April 2024, 10:18

The latest flash estimate of the Harmonised Index of Consumer Prices (HICP) revealed that Ireland's annual inflation has dipped below 2% to 1.7% in March. This marks the first time in nearly three years that the inflation rate in Ireland has fallen below the Eurozone target of 2%. The report from the Central Statistics Office provides crucial insights into the country's economic landscape and the impact of inflation on consumer prices.
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Ireland Records 1.7% Inflation Rate in March: Analysis

Ireland's Inflation Rate in March 2022

The Harmonised Index of Consumer Prices (HICP) indicated that Ireland's annual inflation rate dropped to 1.7% in March, below the Eurozone target of 2%.

Key Highlights:

  • Ireland's inflation rate: 1.7%
  • Eurozone target: 2%
  • This is the first time in three years that Ireland's inflation has fallen below the target.

The report from the Central Statistics Office sheds light on the current economic conditions in Ireland and the implications of lower inflation rates.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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