Ireland HICP (MoM)

Published:

Monthly change in Ireland's Harmonised Index of Consumer Prices, published by the CSO as a flash estimate and then a final figure.

Economic IndicatorsLow volatilityIrish HICP (MoM)

Full explanation

Ireland HICP (MoM) is the percentage change in Ireland's Harmonised Index of Consumer Prices compared with the previous month, published by the Central Statistics Office (CSO). The HICP uses the common EU methodology used by Eurostat and the ECB, so it is the measure comparable across euro-area countries. It is not seasonally adjusted. It is a different index from Ireland's national CPI, which the CSO publishes in the same release and which, for example, includes mortgage interest. The CSO publishes a flash estimate at the start of the following month and the final figure in the mid-month CPI release; the calendar shows both under this name.

Why traders watch it

Ireland's HICP feeds into the euro-area inflation aggregate.

Stronger vs weaker outcomes

A higher-than-expected monthly change points to stronger near-term price pressure; a lower reading points the other way.

Stronger than expected

A higher reading means Irish harmonised consumer prices rose faster.

Weaker than expected

A lower reading means they rose more slowly.

In line with expectations

Higher means faster Irish inflation; lower means slower.

Release details

Release frequency
Monthly (flash early in the following month, final mid-month)

Typical volatility

Low. Flash and final releases share this name. Do not compare HICP with Ireland's national CPI.

Trading considerations

  • Distinguish HICP from national CPI.
  • Compare flash with final.

Educational guidance only — never a trading signal or recommendation.

Related indicators