Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Harmonised Inflation Rate YoY fell to 3.1% in July 2026
FMPMonthlyReleased July 2026
Ireland Harmonised Inflation Rate YoY fell to 3.1% in July 2026, down 0.1% from June's 3.2% reading. The print came in cooler than the 3.4% consensus, a softer print than forecasters anticipated. Harmonised Inflation Rate YoY has now declined for 4 consecutive months. Over the past 3 months, Harmonised Inflation Rate YoY averaged 3.42%, vs 3.03% in the prior 3-month window. The reading is in the 73rd percentile of the trailing 24-month range.
Latest Release
3.1
Actual
3.4
Consensus
3.2
Previous
Median Absolute Error
±0.1 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 3.35
Actual: 3.1
Error: +0.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Harmonised Inflation Rate YoY (Ireland) was reported at 3.1% in July 2026. This missed the market consensus of 3.4% by 0.3%. The reading fell from the previous value of 3.2%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 2.79%, ranging from 1.6% to 3.6% across 24 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 3.2%, down from the prior three at 3.53%. Volatility over the past year (σ 0.6%) is comparable than the prior year (σ 0.62%). In July readings over the past 3 years, Harmonised Inflation Rate YoY has averaged 2%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.1%.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Harmonised Inflation Rate YoY - IE
Loading chart data...
About Harmonised Inflation Rate YoY — Ireland
DEFINITION
The Harmonised Inflation Rate YoY is a key financial indicator that measures the annual change in the overall price level of goods and services in a country. It takes into account the impact of price changes on both domestic and international markets, providing a more comprehensive view of inflation. This indicator is widely used by policymakers and investors to assess the health of an economy and make informed decisions regarding monetary policy and investment strategies. A higher Harmonised Inflation Rate YoY indicates a rise in prices, while a lower rate suggests a decrease in inflation.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 3.1 %, consensus 3.4 %. Prior reading (Jun 2026): 3.2 %. Before that (Jun 2026): 3.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IE Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | IE | Harmonised Inflation Rate YoY | 3.1 | 3.2 | 3.4 | 3.25 | Low |
| 10:00 | IE | Harmonised Inflation Rate MoM | 0 | 0.3 | 0.4 | 0.20 | Low |