Annual inflation rate in Ireland edged down to 2.7% in January 2026, the lowest in four months, from 2.8% in December. Price growth eased for food and non-alcoholic beverages (3.9% vs 4.1% in December), housing and utilities (3% vs 3.3%), information and communication (0.5% vs 1.3%), restaurants and accommodation services (3.3% vs 3.6%), and miscellaneous goods and services (0.3% vs 3.1%). Additionally, costs decreased for transport (-0.1% vs 0.2%) and furnishings, household equipment, and routine maintenance (-0.6% vs -0.4%). In contrast, prices rose faster for clothing and footwear (7.3% vs 5.7%) and recreation, sport, and culture (4.8% vs 1.8%). On a monthly basis, consumer prices fell 0.9% in January, reversing a 0.5% rise in December.