Inflation Eases but Core Pressure Mounts as MNC Warnings and Construction Growth Signal a Split Economy

3.1% — Ireland's headline inflation eased to this level in July, down from 3.2% in June, but the real story is core inflation climbing to 2.9% from 2.6%, stripping away the volatile energy and food prices to reveal persistent underlying price pressures on households.

Money Moves

• Inflation Headline Down, Core Up — The CSO's flash HICP estimate shows energy prices actually fell 1.7% in the month, but core inflation's jump to 2.9% signals that service...