Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Ireland
Index 2015=100
IRLCPHPLA01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.40
Year-over-Year Change
1.65%
Date Range
1/1/1995 - 3/1/2025
Summary
The Index 2015=100 is a key measure of general price changes for consumer goods and services in Ireland. It provides important insights into inflation and cost-of-living trends for policymakers and analysts.
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 Index 2015=100 is a consumer price index that tracks the average change in prices paid by Irish households for a basket of consumer goods and services. It is a widely used indicator of inflation and an important input for economic and monetary policy decisions.
Methodology
The data is collected through surveys of Irish households and businesses by the Central Statistics Office.
Historical Context
The Index 2015=100 is closely monitored by the European Central Bank and domestic policymakers to assess price stability and cost-of-living pressures.
Key Facts
- The base year for the index is 2015.
- It covers over 700 consumer goods and services.
- Ireland's annual inflation rate was 8.2% in 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the average change in prices paid by Irish consumers for a basket of goods and services. It is a key indicator of inflation in the Irish economy.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a crucial metric for understanding cost-of-living pressures, assessing monetary policy, and forecasting economic conditions in Ireland.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys by the Central Statistics Office of Ireland.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is closely monitored by the European Central Bank and Irish policymakers to evaluate price stability and make informed monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Index 2015=100 is published monthly with a typical 2-week lag. The data may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Index 2015=100 (IRLCPHPLA01IXOBM), retrieved from FRED.