Have you noticed your weekly grocery bill rising over recent months? Well, that may be because food prices have risen by more than 3% over the past year.
The EU Harmonised Index of Consumer Prices (HICP) for Ireland is estimated to have risen by 2% in the 12 months to April 2025 and increased by 0.4% since March 2025.
This compares with HICP inflation of 1.8% in Ireland in the 12 months to March 2025 and an annual increase of 2.2% in the HICP for the Eurozone in the same period, according to the latest data from the Central Statistics Office (CSO).
Looking at the components of the flash HICP for Ireland in April 2025, energy prices are estimated to have fallen by 0.3% in the month and decreased by 1.7% over the 12 months to April 2025.
Food prices are estimated to have increased by 0.6% in the last month and by 3.1% in the last 12 months.
The HICP, excluding energy and unprocessed food, is estimated to have gone up by 2.5% since April 2024.
Commenting on the data, statistician in the CSO Prices Division, Anthony Dawson said: “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 2.0% in the past year.
"Looking at the components of the flash HICP in Ireland for April 2025, energy prices are estimated to have decreased by 0.3% in the month and fallen by 1.7% since April 2024.
"The HICP excluding energy and unprocessed food prices is estimated to have risen by 2.5% since April 2024."
Food prices are estimated to have gone up by 0.6% in the last month and increased by 3.1% in the last 12 months.
Transport costs have fallen by 0.1% in the month and are up by 2.1% in the 12 months to April 2025.
The Consumer Price Index (CPI) is the official measure of inflation for Ireland and is published monthly by the CSO.
The HICP is an index of consumer prices that has been harmonised to allow comparisons across Eurozone countries.
The CSO compiles the HICP flash estimates and final results for Ireland and submits those to Eurostat, which then compiles the Eurozone estimate and publishes that along with the results for the countries within the Eurozone.
While the final HICP results for the Eurozone are usually published by Eurostat around the middle of the month following the reference month, flash estimates are issued around the end of each reference month.
Eurostat is expected to publish the final HICP results for the Eurozone for April 2025 on May 19, 2025.