The Consumer Price Index (CPI) rose by 1.8% between June 2024 and June 2025, up from an annual increase of 1.7% in the 12 months to May 2025, according to the latest data from the Central Statistics Office (CSO).

Excluding energy and unprocessed food, the CPI grew by 2% in the 12 months to June 2025.

The divisions with the largest increases in the 12 months to June 2025 were 'Food & Non-Alcoholic Beverages' (+4.6%) and 'Recreation & Culture' (+3.5%).

The divisions to record the largest declines when compared with June 2024 were 'Clothing & Footwear' (-2.3%) and 'Transport' (-2%).

Consumer prices rose by 0.5% in the month between May 2025 and June 2025. The divisions with the largest growth in the month were 'Recreation & Culture' (+3.6%) and 'Transport' (+1.2%).

The divisions with the largest declines in the month were 'Clothing & Footwear' (-0.5%) and 'Alcoholic Beverages & Tobacco' (-0.4%).

Commenting on the release, statistician in the Prices Division, Anthony Dawson said: “Today’s release of the CPI shows that prices for consumer goods and services in June 2025 rose by 1.8% on average when compared with June 2024.

"The annual change in Food & Non-Alcoholic Beverages costs reflects a rise in prices across a range of products, such as beef and veal and butter.

Clothing & Footwear (-2.3%) and Transport (-2%) were the divisions to show the largest declines when compared with June 2024," he added.

Consumer prices in June 2025 rose by 0.5% in the month compared with June 2024, when prices were up by 0.4% in the month.

In June 2025, the most significant monthly price changes were in 'Recreation & Culture' (+3.6%) and 'Transport' (+1.2%). The increase in 'Recreation & Culture' was due to higher prices for package holidays.

'Clothing & Footwear' (-0.5%) and 'Alcoholic Beverages & Tobacco' (-0.4%) were the divisions to show the largest declines when compared with May 2025.

The National Average Prices for selected goods and services for June 2025 are also published today (Wednesday, July 10). The National Average Prices are compiled together with the CPI.

Commenting on the National Average Prices, Anthony Dawson said: “There were price increases in June 2025 for a pound of butter (+€1.10), Irish cheddar per kg (+95c), 2L of full fat milk (+27c), an 800g loaf of white sliced pan (+6c), and an 800g loaf of brown sliced pan (+5c).

"There was a reduction in the price of a 2.5kg bag of potatoes (-29c) while the price of spaghetti per 500g remained unchanged when compared with June 2024.”