Inflation eases to 3.1% in July, flash estimate shows

inflation-eases-to-3.1%-in-july,-flash-estimate-shows

The rate of inflation eased to 3.1% in July from 3.2% a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistics Office shows today.

But core inflation, which excludes energy and unprocessed food, climbed to 2.9% from 2.6% a month earlier, the CSO figures show.

The CSO said that energy prices are estimated to have decreased by 1.7% in the month and have gone up by 6.5% over the 12 months to July 2026.

Food prices are estimated to have gone up by 0.3% in the last month and increased by 0.8% in the last 12 months.

Eurostat will publish flash estimates of inflation for the euro zone for July tomorrow.

The CSO said the flash estimates are subject to revision when the final HICP results are published next month.

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