CONFLICT IN THE Middle East has led to a revised inflation forecast, with the Economic and Social Research Institute (ESRI) warning that other inflationary pressures could impact the delivery of housing.
In a revised estimate, the ESRI is predicting a 3.2% inflation rate for 2026, and 2.7% in 2027.
Inflation in Ireland was measured at a rate 2.7% in the 12 months to February 2026, according to the Consumer Price Index (CPI).
The projected inflation rate topping 3% for this year is significantly above the target level of 2%, as recommended by the European Central Bank.
