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LONDON, ENGLAND - MARCH 26: Easter Eggs are seen in a customer's shopping basket in a Sainsbury's supermarket on March 26, 2026 in London, England. People buying chocolate ahead of Easter this year are paying up to 40% more for some seasonal favorites, wh

Irish grocery sales rise by 5.2% in March

New figures show that take-home grocery sales rose by 5.2% in the four weeks to March 22 compared with the same time last year.

Business • 07 Apr

Image of an lady in a blue suit addressing an audience

Middle East war means 'all roads' lead to higher prices

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund has told Reuters, ahead of a forecast for the world economy planned by the global lender for next week.

Business • 07 Apr

Low angle close up colour image depicting a man holding a shopping basked filled with fresh groceries

High Five: How much prices have risen since 2021

Inflation is expected to pick up again this year, but the statistics mask the full effect that five years of consistent inflation has had on shoppers' bills, writes Adam Maguire.

Business • 04 Apr

Most central banks on hold over war uncertainty

Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook.

Business • 02 Apr

Euro coins sit next to each other, and a fragment of a 100 euro banknote sits in the background

Euro zone inflation surges past ECB target on oil shock

Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, ⁠heightening a policy dilemma as expensive energy is a drag on growth but also risks generating a self-reinforcing inflation spiral.

Business • 31 Mar

Mideast war could spark financial system stress - ECB

The Middle East war is a threat to financial stability, a senior European Central Bank official said today, warning that it could spark "systemic stress" in the markets.

Business • 26 Mar

Iran war erases global growth upgrade, OECD says

The escalating conflict ⁠in the Middle East has knocked the global economy off a stronger growth path, the OECD warned today, as a near-halt in energy shipments through the Strait of Hormuz threatens to push inflation sharply higher.

Business • 26 Mar

A woman in a grey suit speaks at a podium with the European Union flag in the background

ECB may need to act on 'not-too-persistent' inflation

Even a "not-too-persistent" overshoot of the European Central Bank's inflation target from the current energy shock may warrant some moderate policy tightening, ECB President Christine Lagarde said today.

Business • 25 Mar

Australia's inflation slows slightly ahead of war shock

Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though a war-driven spike in oil prices has since magnified inflationary risks.

Business • 25 Mar

ECB will act if inflation at risk of getting entrenched

The European Central Bank will not hesitate to tighten policy if the coming energy-driven inflation surge looks like becoming entrenched, keeping price growth elevated for an extended period, ECB policymaker Peter Kazimir said today.

Business • 23 Mar

Bank of Ireland said the recent surge in petrol and diesel will add to the increase in the cost of living

Bank of Ireland warns inflation could reach 4%

The recent sharp rise in energy prices is likely to push the rate of inflation this month to between 3.5% and 4% - up from 2.7% in February, according to Bank of Ireland.

Ireland • 23 Mar

Big central banks keep options open amid war fears

Nearly all major developed market central banks kept rates unchanged this week, but emphasised their readiness to act to curb inflation should the energy ⁠shock caused by the US-Israeli strikes on Iran drive a broader surge in prices.

Business • 20 Mar

ECB keeps rates on hold as Iran war clouds outlook

The European Central Bank kept its key interest rate at 2% today and warned that the war in Iran was clouding the outlook for growth and inflation in the euro zone.

Business • 19 Mar

The biggest risk for the Irish economy is inflation if theres a sustained disruption to supply chains, and the production of oil and gas - Kate English

Early days, but inflation is biggest risk - Deloitte

It has been a tumultuous few weeks for the US economy and the Federal Reserve will announce its March interest rate decision later this evening.

Business • 18 Mar

MONTREAL, CANADA - FEBRUARY 11: A Canadian flag is lowered at half-staff at the Guy-Favreau Complex on February 11, 2026 in Montreal, Canada. Canadian Prime Minister Mark Carney announced that flags will be lowered on all federal buildings for a week in m

Canada's annual inflation rate eases to 1.8%

Canada's annual inflation rate fell to 1.8% ⁠in February, driven by base year effect as prices in the same period a year ago had risen sharply after the government's sales tax relief ended, Statistics Canada said today.

Business • 16 Mar

Euro banknotes, a calculator with inflation written on it

Annual inflation steady at 2.7% in February - CSO

New figures from the Central Statistics Office show that the annual rate of inflation was unchanged at 2.7% in February from the previous month.

Business • 12 Mar

China's consumer price index, a key measure of inflation, came in at 1.3% in February, marking the biggest year-on-year jump since January 2023, when prices rose 2.1%

China consumer prices see quickest jump in three years

China's consumer prices rose last month at the quickest pace in three years, official data showed today, thanks to the Lunar New Year break and a rally in oil prices and Middle East tensions rose.

Business • 09 Mar

Euro zone inflation rises before likely oil price hit

Euro zone inflation rose more than expected last month but remained below the European Central Bank's 2% target, fresh data showed today, before a likely hit from surging oil and gas prices.

Business • 03 Mar

Turkey has experienced double-digit inflation since 2019, with the year-on-year figure over 30% for the past four years.

Turkey inflation rose slightly to 31.5% in February

Turkey's annual inflation rate rose slightly in February to a huge 31.5%, up from 30.7% in January after several consecutive months of falling, official figures showed today.

Business • 03 Mar

Euro banknotes and coins and finances in 2026

Inflation estimated to have dipped to 2.4% in February

Annual consumer price inflation fell slightly to 2.4% in February from 2.5% in January, the latest flash estimate of the Harmonised Index of Consumer Prices from the Central Statistics Office shows today.

Business • 02 Mar

New figures show that German inflation came in at 2% in February

German inflation unexpectedly eases to 2% in February

German inflation unexpectedly eased to 2% in February, pushed down by falling energy costs, provisional data showed today, following a softening of price growth across the euro zone and expectations that interest rates will remain unchanged.

Business • 27 Feb

Turkey's central bank has today lifted its year-end inflation forecast range to 15-21% from 13-19%

Turkey raises 2026 inflation forecast range to 15-21%

Turkey's central bank lifted its year-end inflation forecast range to 15-21% from 13-19% previously even as it kept its interim target at 16%, Governor Fatih Karahan said today.

Business • 12 Feb

China inflation slows as leaders unveil holiday measures

Growth in China's consumer prices slowed last month and missed forecasts, official data showed today, as leaders unveiled a batch of measures to boost sluggish spending during the upcoming Lunar New Year holiday.

Business • 11 Feb

Euro zone inflation dips to 1.7% in January

Euro zone inflation dipped last month, data showed today, entering a soft patch that most economists expect will last for at least a year and keep the European Central Bank on hold.

Business • 04 Feb

Turkey has recorded annual inflation above 30% since December 2021 - peaking at more than 75% in May 2024

Turkey inflation slows to 30.7% in January

Turkey's annual inflation rate slowed slightly in January to 30.7% from 30.9% in December, marking its lowest level in more than four years, official data showed today.

Business • 03 Feb