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IRELAND: HICP Inflation Moderates In February Flash

IRELAND
  • Irish HICP inflation eased back to 1.30% Y/Y in February preliminary data after 1.71% in January.
  • The deceleration is a break from what had been consecutive accelerations since the 0.00% back in September.
  • Core HICP inflation (excl. energy and unprocessed food) is seen at 1.7%Y/Y.
  • The volatile components see mixed drivers, with energy prices -2.5% Y/Y vs food inflation at 2.2% Y/Y. 
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  • Irish HICP inflation eased back to 1.30% Y/Y in February preliminary data after 1.71% in January.
  • The deceleration is a break from what had been consecutive accelerations since the 0.00% back in September.
  • Core HICP inflation (excl. energy and unprocessed food) is seen at 1.7%Y/Y.
  • The volatile components see mixed drivers, with energy prices -2.5% Y/Y vs food inflation at 2.2% Y/Y.