Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Ireland

CPGRLE01IEM659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.48

Year-over-Year Change

-31.22%

Date Range

11/1/1975 - 4/1/2025

Summary

The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Ireland measures the change in prices for goods and services excluding food and energy. This metric provides important insights into underlying inflationary pressures in the Irish economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The CPI All Items Non-Food Non-Energy index tracks the price changes of a basket of consumer goods and services that excludes volatile food and energy items. This indicator offers a more stable and reliable measure of core inflation trends in Ireland.

Methodology

The data is collected through surveys of consumer expenditures and retail prices by Ireland's Central Statistics Office.

Historical Context

This CPI metric is closely monitored by the European Central Bank and Irish policymakers to gauge the broader state of the economy.

Key Facts

  • The CPI All Items Non-Food Non-Energy index uses 1999 as its base year.
  • Ireland's CPI All Items Non-Food Non-Energy reached a record high of 109.78 in December 2022.
  • This index excludes volatile food and energy prices to better measure underlying inflationary trends.

FAQs

Q: What does this economic trend measure?

A: The CPI All Items Non-Food Non-Energy index measures the change in prices for a basket of consumer goods and services in Ireland, excluding food and energy costs.

Q: Why is this trend relevant for users or analysts?

A: This metric provides a more stable and reliable indicator of core inflation in the Irish economy, which is crucial for policymakers and analysts to assess broader economic conditions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer expenditures and retail prices by Ireland's Central Statistics Office.

Q: How is this trend used in economic policy?

A: The CPI All Items Non-Food Non-Energy index is closely monitored by the European Central Bank and Irish policymakers to gauge underlying inflationary pressures and inform economic policy decisions.

Q: Are there update delays or limitations?

A: The CPI data is published on a monthly basis, with a typical lag of around 2-3 weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Ireland (CPGRLE01IEM659N), retrieved from FRED.