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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland HICP YoY fell to 3.5% in May 2026
FMPMonthlyReleased June 2026
Ireland HICP YoY fell to 3.5% in May 2026, released June 2026, down 0.1% from April's 3.6% reading. The reading matched the 3.5% consensus. The print is running well above the 12-month average of 3.03%. Over the past 3 months, HICP YoY averaged 3.58%, vs 2.57% in the prior 3-month window. The reading is in the 84th percentile of the trailing 24-month range.
Latest Release
3.5
Actual
3.5
Consensus
3.6
Previous
Median Absolute Error
±0.02 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 3.5
Actual: 3.5
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
HICP YoY (Ireland) was reported at 3.5% in June 2026. This matched the market consensus of 3.5% exactly. The reading fell from the previous value of 3.6%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 2.6%, ranging from 1.6% to 3.6% across 21 releases.
WHY IT MATTERS
The trailing three releases averaged 3.53%, up from the prior three at 2.83%. Volatility over the past year (σ 0.65%) is higher than the prior year (σ 0.26%). In June readings over the past 3 years, HICP YoY has averaged 2.17%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.02%.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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HICP YoY - IE
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About HICP YoY — Ireland
DEFINITION
Ireland's HICP YoY for May came in at 3.5%, matching estimates but down from April's 3.6%, indicating a slight easing in inflation pressures. This marks a continued deceleration from earlier months, with April and May showing a modest decline from the previous 3.6% readings. Market focus remains on upcoming ECB policy decisions amid this gradual inflation moderation. Updated 6/11/26
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 (May 2026): actual 3.5 %, consensus 3.5 %. Prior reading (May 2026): 3.5 %. Before that (Apr 2026): 3.6 %.
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.