Consumers prices have increased 1.6% over the past year, according to the latest flash estimate for EU Harmonised Index of Consumer Prices (HICP).

The rate of annual HICP inflation increased from 1.4% in May as consumer prices rose 0.5% month-on-month.

Food prices were the largest contributor to HICP inflation this month, increasing 0.3% since May and 4.3% since last June. Energy prices, meanwhile, declined 0.2% during the month and 1.8% year-on-year.

The HICP excluding energy and unprocessed food is estimated to have increased 1.9% since this time last year.

"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," said Anthony Dawson, statistician in the prices division of Central Statistics Office (CSO).

"Looking at the components of the flash HICP in Ireland for June 2025, energy prices are estimated to have decreased by 0.2% in the month and fallen by 1.8% since June 2024. The HICP excluding energy and unprocessed food prices, is estimated to have risen by 1.9% since June 2024.

"Food prices are estimated to have grown by 0.3% in the last month and increased by 4.3% in the last 12 months. Transport costs rose by 1.2% in the month and decreased by 2.0% in the 12 months to June 2025."

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