{"id":373064,"date":"2026-03-30T14:22:08","date_gmt":"2026-03-30T14:22:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/373064\/"},"modified":"2026-03-30T14:22:08","modified_gmt":"2026-03-30T14:22:08","slug":"inflation-jumps-to-3-6-as-energy-prices-surge","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/373064\/","title":{"rendered":"Inflation jumps to 3.6% as energy prices surge"},"content":{"rendered":"<p>Inflation has increased annually by 3.6 per cent in March, figures from the Harmonised Index of Consumer Prices show.<\/p>\n<p>This is an increase of 2.5 per cent in February.<\/p>\n<p>The jump was driven by energy prices, which rose by 11.1 per cent in the month and were up by 12.3 per cent over the 12 months to March.<\/p>\n<p>The Central Statistics Office (CSO) say this is driven by the war in the Middle East.<\/p>\n<p>Iran\u2019s effective closure of the Strait of Hormuz has halted global shipments of oil and gas through the channel, triggering a sudden surge in energy prices.<\/p>\n<p>Food prices are estimated to have decreased by 0.3 per cent in the last month and increased by 2.3 per cent over the last 12 months.<\/p>\n<p>Service prices have risen by 0.9 per cent in the month and are up by 3.3 per cent in the 12 months to March 2026.<\/p>\n<p>Excluding energy and unprocessed food, the HICP is estimated to have grown by 2.6% since March 2025.<\/p>\n<p>Eurostat will publish the March flash estimates of inflation from the EU HICP for the Eurozone on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"Inflation has increased annually by 3.6 per cent in March, figures from the Harmonised Index of Consumer Prices&hellip;\n","protected":false},"author":2,"featured_media":373065,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-373064","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/373064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=373064"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/373064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/373065"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=373064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=373064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=373064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}