Irish producer prices down 3.5% annually in October - CSO
Irish producer prices remained lower than a year earlier in October, despite a modest monthly rise, according to figures from the Central Statistics Office on Friday.
The CSO said the overall producer price index for manufacturing industries increased by 0.7% between September and October, but remained 3.5% lower than in October 2024.
Producer prices for goods sold on the domestic market were 1.2% higher year-on-year, while export producer prices were down 4.0%, continuing the contrast between home and overseas pricing trends.
Wholesale electricity prices rose sharply in the month, increasing 6.6% from September, but remained 18.5% lower than a year earlier.
Electricity prices are now down 74% from their August 2022 peak.
Food producer prices were 0.3% higher month-on-month and 4.1% higher than October 2024.
Across the wider manufacturing sector, chemical product prices climbed 31% annually, while beverage prices declined 4.0%.
Construction-related wholesale prices were largely stable. The all-materials index for construction products edged down 0.1% in October but was 0.9% higher year-on-year.
The building & construction index, which combines materials and wages, was unchanged in the month and 2.0% higher than a year before.
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