Food prices rise by 4.6% in the last 12 months

Kenneth Fox

Food prices are estimated to have risen by 0.2 per cent in the last month and risen by 4.6 per cent in the last 12 months, according to the Central Statistics Office (CSO).

Overall, the EU Harmonised Index of Consumer Prices (HICP) for Ireland is estimated to have increased by 1.6 per cent in the 12 months to July 2025 and increased by 0.2 per cent since June 2025.

This compares with inflation of 1.6 per cent in Ireland in the 12 months to June 2025 and an annual increase of 2.0 per cent in the HICP for the Eurozone in the same period.

Looking at the components of the flash HICP for Ireland in July 2025, energy prices are estimated to have grown by 1.5 per cent in the month and fallen by 0.3 per cent over the 12 months to July 2025.

The HICP excluding energy and unprocessed food is estimated to have grown by 1.7 per cent since July 2024.

The CSO said Eurostat will publish flash estimates of inflation from the EU HICP for the Eurozone for July 2025 on August 1st, 2025.

Commenting on the data published, 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 1.6 per cent in the past year.

"Looking at the components of the flash HICP in Ireland for July 2025, energy prices are estimated to have increased by 1.5 per cent in the month and decreased by 0.3 per cent since July 2024.

"The HICP excluding energy and unprocessed food prices, is estimated to have grown by 1.7 per cent since July 2024.

"Food prices are estimated to have risen by 0.2 per cent in the last month and risen by 4.6 per cent in the last 12 months.

"Transport costs have grown by 1.2 per cent in the month and declined by 2.7 per cent in the 12 months to July 2025."