Irish producer prices drop on monthly and yearly basis in February
Irish producer prices decreased on both a monthly and yearly basis in February, according to data from Ireland’s Central Statistics Office published Monday.
The wholesale price index - the country’s main inflation indicator - registered 103.5 points in February, down 1.1% from the previous month and down 5.5% from the previous year. In January, it had risen by 1.4% on-month but fallen by 5.2% on-year.
February’s decline included decreases in export prices of 1.4% on-month and 6.3% on-year, while the index for domestic sales increased by 1.4% on-month and 2.2% on-year.
Electricity prices fell 14.9% from the month prior and were 23.3% below the level posted a year prior, though the CSO noted that this did not reflect any effects related to the conflict in the Middle East. In January, electricity prices had risen 17.1% monthly and fallen 24.2% on-year.
Food prices were down 0.7% from January, and down 2.9% from a year earlier.
Meanwhile, the all materials index for construction products rose 0.5% on-month in February and 1.8% on-year. The building & construction index, which measures material and wage costs, was 0.3% higher than the previous month and 2.6% higher than February 2025.
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