Cost of food in Ireland decreased 0.20 percent in May of 2019 over the same month in the previous year. Food Inflation in Ireland averaged 3.39 percent from 1976 until 2019, reaching an all time high of 21.10 percent in December of 1976 and a record low of -8.10 percent in January of 2010.
Food Inflation in Ireland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ireland to stand at 1.40 in 12 months time. In the long-term, the Ireland Food Inflation is projected to trend around 1.80 percent in 2020, according to our econometric models.