Price of consumer goods rose by 2.7% in the past year
Kenneth Fox
The price of consumer goods and services rose by 2.7 per cent in the past year, according to the Central Statistics Office (CSO).
The EU Harmonised Index of Consumer Prices increased by 0.2 per cent since September 2025.
This compares with HICP inflation of 2.7 per cent in Ireland in the 12 months to September 2025 and an annual increase of 2.2 per cent in the HICP for the Eurozone in the same period.
According to figures from the Central Statistics Office (CSO), energy prices are estimated to have grown by 2.0 per cent in the month and risen by 2.7 per cent over the 12 months to October 2025.
Food prices are estimated to have increased by 0.3 per cent in the last month and risen by 4.6 per cent in the last 12 months.
Excluding energy and unprocessed food, the HICP is estimated to have increased by 2.6 per cent since October 2024.
Eurostat will publish flash estimates of inflation from the EU HICP for the Eurozone for October 2025 on October 31st, 2025.
Commenting on the data, 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 2.7 per cent in the past year.
"It should be noted that the low base in October 2024 has had an impact on the annual change of 2.7 per cent in the year to October 2025.
"Looking at the components of the flash HICP in Ireland for October 2025, energy prices are estimated to have risen by 2.0 per cent in the month and grown by 2.7 per cent since October 2024.
"The HICP excluding energy and unprocessed food prices, is estimated to have increased by 2.6 per cent since October 2024.
"Food prices are estimated to have risen by 0.3 per cent in the last month and increased by 4.6 per cent in the last 12 months. Transport costs have fallen by 0.3 per cent in the month and grown by 1.9 per cent in the 12 months to October 2025."
