Ireland's consumer price inflation moderated marginally in May from a 27-month high in the previous month, data from the Central Statistics Office showed on Thursday.
The consumer price index climbed 3.6 percent year-over-year in May, slower than the 3.7 percent increase in April, which was the highest inflation rate since January 2024, when prices rose 4.1 percent.
Inflation based on housing and utilities softened to 7.1 percent from 8.1 percent, and that on food and non-alcoholic beverages slowed to 1.3 percent from 2.0 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.