Producer prices for dairy products increased by 9.8% over the 12-month period to March 2024, according to the Central Statistics Office (CSO).
The wholesale price index for October shows producer prices for food products increased by 1.1% in the last 12 months and food products, beverages and tobacco wholesale price index was up by 0.5%.
Aside from dairy, another notable change recorded was the decrease in producer prices for grain milling, starches and animal feeds by -4%.
Meat and meat product prices saw a slight increase by 1.1%. Fish and fish products also had a small increase by 1.6%.
The was no change in producer prices for fruit and vegetables, along with vegetable and animal oils and fats in October 2024, compared to last year.
CSO
The CSO data also shows a rise in electricity prices by 9.6% for the month of October 2024.
However, prices were 1.5% lower than October 2023, and they were 68.1% lower than the peak that occurred in August 2022.
Domestic producer prices for manufactured goods were on average 1% higher in October 2024 when compared with a year earlier.
Producer prices for exported goods were down by 2%. Overall, manufacturing producer prices were 1.7% lower in the year.
The most notable changes in other producer prices in the year to October 2024 included: Wearing Apparel, which increased by 3%; Chemicals and chemical products, which decreased by 13.8%; and rubber and plastic products, down 3.4%.
Wholesale prices for construction products were unchanged in the month to October 2024 and rose by 0.8% in the 12 months since October 2023. Individually, sand and gravel increased by 8%, cement by 7.8%, and rough timber decreased by 5.6%.
Building and construction index, including material and wages, was also unchanged in the month and was 2% higher than the same month last year.