A flash estimate of inflation shows it rose to 8% in the 12 months to February.
That compares to a rate of 7.5% in the year to January.
The Harmonised Index of Consumer Prices has been published today by the CSO.
While energy prices decreased in the month of January by 0.2%, food prices rose by 1.2%.
Commenting on the data published today, Anthony Dawson, Statistician in the Prices Division, said:
“The latest flash estimate of the Harmonised Index of Consumer Prices (HICP), compiled by the CSO, indicates that prices for consumer goods and services in Ireland are estimated to have increased by 8.0% in the past year.
"Prices are estimated to have risen by 1.4% since January 2023. Looking at the components of the flash HICP in Ireland for February 2023, energy prices are estimated to have fallen by 0.2% in the month and increased by 29.2% since February 2022.
"The HICP excluding energy prices is estimated to have risen by 5.8% since February 2022.
"Food prices are estimated to have grown by 1.2% in the last month and are up by 13.4% in the last 12 months. Transport costs have increased by 3.6% since February 2022."
