Annual rate of inflation up to 2.7 per cent in July
The highest annual inflation rates in July 2026 were registered in Housing (6.8 per cent) and Furnishings and household equipment (5.8 per cent)
by Paul Cocks
In July 2026, the annual rate of inflation as measured by the RPI was 2.7 per cent, up from 2.5 per cent in June 2026, according to data published by the National Statistics Office.
The highest annual inflation rates in July 2026 were registered in Housing (6.8 per cent) and Furnishings and household equipment (5.8 per cent). On the other hand, the lowest annual inflation rates were registered in Clothing and footwear (-3.5 per cent) and Water, electricity, gas and fuels (0.0 per cent).
The Food Index (+0.59 percentage points), the Housing Index (+0.54 percentage points), and the Furnishings and household equipment Index (+0.40 percentage points), recorded the largest upward contributions to the overall annual inflation rate. These were mainly due to higher prices of take-aways, tiles, and furniture respectively.
The Clothing and footwear Index (-0.23 percentage points) recorded a downward contribution to the overall annual inflation rate, mainly reflecting lower prices of garments.
Aggregates
In July 2026, the Housing Index registered the highest annual inflation rate at 6.8 per cent, of which Rent registered an annual rate of 3.6 per cent, Materials for house maintenance registered an annual rate of 7.9 per cent and Services for house maintenance registered an annual rate of 6.7 per cent.
The Clothing and footwear Index registered the lowest annual inflation rate of -3.5 per cent, of which Clothing registered an annual rate of -3.9 per cent and Footwear registered an annual rate of -1.8 per cent.
