The Flash Estimate for the Harmonised Index of Consumer Prices (HICP) July 2025 published by the Central Statistics Office (CSO) shows an increase of 0.2% on food prices over the last month.

The overall EU HICP for Ireland is estimated to have increased by 1.6% in the 12 months to July 2025 and increased by 0.2% since June 2025.

This compares with HICP inflation of 1.6% in Ireland in the 12 months to June 2025 and an annual increase of 2% 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% in the month and fallen by 0.3% over the 12 months to July 2025.

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

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

Commenting on the data published today, statistician in the CSO Prices Division, Anthony Dawson 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% in the past year.

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

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

"Transport costs have grown by 1.2% in the month and declined by 2.7% in the 12 months to July 2025, he said.

The corresponding rate for the Eurozone will be published tomorrow (Friday, August 1).

The Consumer Price Index (CPI) is the official measure of inflation for Ireland and is published monthly by the CSO.

The HICP is an index of consumer prices that has been harmonised to allow comparisons across Eurozone countries.