Ireland's annual core inflation, which excludes energy and unprocessed food, edged up to 1.5 percent in December 2019 from 1.4 percent in November, reaching its highest level since March 2012. Core Inflation Rate in Ireland averaged 2.61 percent from 1983 until 2019, reaching an all time high of 10.20 percent in January of 1984 and a record low of -6.10 percent in October of 2009. source: Central Statistics Office Ireland
Core Inflation Rate in Ireland is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Ireland to stand at 1.50 in 12 months time. In the long-term, the Ireland Core Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.