Financial News: Irish Inflation Slows To 1.7%

Irish Inflation Slows To 1.7%

08/07/2025 - 07:07:00 (RTTNews)

(RTTNews) - Ireland's consumer price inflation eased marginally in July, data from the Central Statistics Office showed on Thursday.

The consumer price index climbed 1.7 percent year-over-year in July, following a 1.8 percent rise in June.

Among divisions, prices for food and non-alcoholic beverages alone grew 4.7 percent from last year, and those for utilities rose by 2.4 percent. On the other hand, transport costs were 2.8 percent less expensive.

Excluding energy and unprocessed food, the consumer price inflation was 1.8 percent, down from 2.0 percent.

EU-harmonized inflation held steady at 1.6 percent in July, as estimated initially.

On a monthly basis, consumer prices edged up 0.1 percent after rising 0.5 percent in June.

Separate official data showed that the seasonally adjusted unemployment rate in Ireland was 4.9 percent in July, up from 4.6 percent in June. The number of unemployed people was 143,100 compared to 134,500 a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2 (03 min(s), 35 sec(s) ago)
(RTTNews) - Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025 ...Full Story»

U.S. Jobless Claims Rise More Than Expected To 226,000 (13 min(s), 35 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Croatia Producer Price Inflation Eases To 0.7% (17 min(s), 35 sec(s) ago)
(RTTNews) - Croatia's producer prices increased at a slower pace in July, figures from the Cro ...Full Story»

Iceland Jobless Rate Falls To 2.8% (54 min(s), 35 sec(s) ago)
(RTTNews) - Iceland's unemployment rate decreased further in June to the lowest level in ten m ...Full Story»

Bank Of England Cuts Rate In Tight Vote (01 hr(s), 10 min(s), 35 sec(s) ago)
(RTTNews) - The Bank of England reduced its benchmark interest rate in a close call on Thursday su ...Full Story»

Mexico Inflation Eases To 3.51% (01 hr(s), 29 min(s), 35 sec(s) ago)
(RTTNews) - Mexico's consumer price inflation moderated for the second straight month in July, ...Full Story»

Cyprus Consumer Prices Fall 0.9% (01 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - Cyprus' consumer prices decreased for the third straight month in July, preliminar ...Full Story»

U.S. Labor Productivity Surges 2.4% In Second Quarter (02 hr(s), 0 min(s),35 sec(s) ago)
(RTTNews) - Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025 ...Full Story»