The EU’s inflation index shows that consumer prices for Ireland are estimated to have risen by 3.2% in the 12 months to November 2025 – going above 3% for the first time in almost two years.
The index – the EU Harmonised Index of Consumer Prices (HICP) for Ireland for November 2025 published by Eurostat – also showed that prices were down 0.2% since the previous month – October 2025.
The 3.2% rise over 12 months compares with HICP inflation of 2.8% in Ireland in the 12 months to October 2025 – and with an annual increase of 2.1% in the HICP for the Eurozone in the same period, the CSO said today.
“Ireland‘s annual rate of inflation has gone above 3% for the first time in two years. Stubbornly high services price inflation and higher than EU-average food price inflation (which is unusual for the past 15 years or so) are contributing,” economist Dan O’Brien tweeted.
Looking at the components of the flash HICP for Ireland in November 2025, energy prices are estimated to have grown by 0.7% in the month and rose by 3.3% over the 12 months to November 2025, the CSO said.
The statistics office said that while food prices are estimated to be unchanged in the month, the cost of food increased by 4.2% in the last 12 months. “Excluding energy and unprocessed food, the HICP is estimated to have risen by 3.0% since November 2024,” they added.
Eurostat will publish flash estimates of inflation from the EU HICP for the Eurozone for November 2025 on 02 December 2025.
Commenting on the data published today, Anthony Dawson, Statistician in the Prices Division, said: “The latest flash estimate of the Harmonised Index of Consumer Prices (HICP), compiled by the CSO, indicates that prices for consumer goods and services in Ireland are estimated to have increased by 3.2% in the past year. It should be noted that the low base in November 2024 has had an impact on the annual change of 3.2% in the year to November 2025 being published today.
“Looking at the components of the flash HICP in Ireland for November 2025, energy prices are estimated to have risen by 0.7% in the month and climbed by 3.3% since November 2024. The HICP excluding energy and unprocessed food prices, is estimated to have gone up by 3.0% since November 2024.”
“Food prices are estimated to be unchanged since last month and increased by 4.2% in the last 12 months. Transport costs have grown by 0.1% in the month and rose by 3.0% in the 12 months to November 2025.”
The Consumer Price Index (CPI) is the official measure of inflation for Ireland and is published monthly by the CSO. The CPI release for November 2025 will be published on 11 December 2025 and the final results of the HICP for Ireland for November 2025 will be published as part of the CPI release.