Tools & calculators / Inflation
Money
Inflation calculator
Explore how a steady annual inflation rate could affect prices and the buying power of money.
How this estimate works
The calculator compounds the selected rate once per year. At 2% inflation, for example, the second year's increase applies to the already-increased first-year price.
- Real inflation changes over time and differs between goods and households.
- Official Irish inflation is measured using the Consumer Price Index (CPI) published by the CSO.
- Buying power shows what today's amount could purchase after the selected price change.
Irish CPI and your personal inflation rate
The CPI is an average basket, so household experiences differ. Use the Central Statistics Office CPI publication for primary Irish data and choose the scenario yourself.
This scenario is for understanding inflation, not predicting prices or investment returns.