Rate Of Inflation 2024 Ireland Forecast. Ireland’s economy is expected to rebound and grow by 1.2% in 2024 and 3.6% in 2025 supported by an improvement in global trade, falling inflation and a strong labour market. The consumer price index (cpi) rose by 2.9% between march 2023 and march 2024, down from an annual increase of 3.4% in the 12 months to february 2024.
Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united. Inflation rate in ireland decreased to 0.70 percent in september from 1.70 percent in august of 2024.
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