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The inflation rate for the Republic of Ireland in June 2026 wasÌý*** percent, down fromÌý***Ìýpercent in the previous month. During the provided time period, inflation reached a peak of *** percent in October 2022 and was at its lowest in October 2020, when prices were falling by *** percent. As of late 2025, theÌýsector that had the fastest rate of price rises was education, atÌý*** percent, while prices were falling by *** percent for furniture and furnishing.

Inflation subsides but remains a key issueÌý

Like in many other economies, the globalÌýinflation crisis led to increased inflation in Ireland from 2021 to 2023, reaching a peak of *** percent in late 2022. As of October 2024, approximately ** percent of people in Ireland still saw inflation as one of the top two most important issues facing the country, down from ** percent in July 2022. Furthermore, inflation was second only to housing as aÌýtop issue in the country, ahead of health, immigration, and climate change. Another survey highlights the fact that despite inflation subsiding, people are still struggling with the cost of living. When asked how well they are coping financially, just * percent of respondents advised they were living comfortably, with ** percent just getting by and almost a quarter finding it quite or very difficult.

Key economic indicators of Ireland

Ireland's overall gross domestic product (GDP) in 2024 was estimated to be over billion U.S. dollars, up from billion dollars in 2023. Due to the presence of several multinational companies in the country, however, Ireland's GDP figure can be misleading. In 2022, for example, while overall GDP was billion Euros,Ìýgross national income (GNI) was just billion Euros, with modified GNI even lower at billion Euros. Looking at Ireland's labor market, there were around **** million people employed in the country in 2024, while theÌýunemployment rate has, as of early 2025, fluctuated between **** and *** percent since April 2022.Ìý