CSO: Manufacturing prices down in July

The CSO have announced that monthly factory gate prices increased by only 0.7% in July 2013. This compares to an increase of 1.3% for July of last year. As a result, the annual percentage change showed a decrease of 0.2% in July 2013, compared with an increase of 0.4% in the year to June 2013.

On a more positive note, the price index for export sales increased by 0.7% for the month.  However, over the year there was a decrease of 0.9% in the price index for export sales (this can be influenced by currency fluctuations).

In the month of July, the most significant changes were increases in dairy products (+2.9%) while there were decreases in meat and meat products (-0.6%).

Over the past year there were increases in dairy products (+17.5%) and meat and meat products (+3.5%).

Looking at the agricultural costs, the price of energy products decreased by 0.5% in the year since July 2012, while petroleum fuels decreased by 1.5%.  In July 2013, the monthly price index for energy products increased by 0.5%, while petroleum fuels increased by 1.4%.

More detailed information can be found on the CSO’s website.


Please be considerate of others when commenting. All comments posted are subject to our commenting policy. Comments violating this policy will be removed without notice.