Ireland Wholesale Prices Drop Most Since 2023

Wholesale prices in Ireland fell 6.4% year-on-year in December 2025, following a 5.3% drop in the previous month. This marked the eleventh consecutive month of contraction and the steepest since July 2023. Prices dropped in wholesale electricity prices (-20.9%) and much lower export producer prices (-7.2%). Overall manufacturing prices were also down 6.4%, with mining and quarrying (-3.1%) posting notable price decreases. On the other hand, food producer prices rose 1.7%, driven largely by dairy products (11.1%), fish and fish products (5.1%), and meat and meat products (3.8%). Construction product prices increased 2%, with the building and construction index up 2%. On a monthly basis, wholesale prices declined by 0.6% in December, following a flat reading in the preceding period.

Wholesale prices in Ireland dropped 5.3% year-on-year in November 2025, the sharpest decline since July 2023, deepening from a 3.5% decrease in October. The acceleration was mainly driven by a steep decline in export producer prices (-6.0%) and much lower wholesale electricity prices (-16.0%). Overall manufacturing prices were also down 5.3%, while mining and quarrying fell 2.6%. Partially offsetting the decline, food producer prices rose 3.0%, led by dairy (+11.1%), meat (+6.7%), and fish (+5.1%), while chemicals surged 30.8%. Construction product prices increased 1.0%, with the building and construction index up 2.0%. On a monthly basis, wholesale prices were unchanged, following a 0.7% gain in October.

Wholesale prices in Ireland decreased 3.5% year-on-year in October 2025, following a 2.6% drop in the previous month. This marked the ninth consecutive month of falling wholesale prices and at the fastest pace since July. Prices for non-food products declined further (-4.4% vs -3.5% in September), led mainly by leather and related products (-1.3% vs -0.7%) and basic metals (-1.7% vs -1.1%). Additionally, prices for food, beverages and tobacco rose 3.1%, easing from a 3.5% increase in the prior month. On a monthly basis, wholesale prices went up 0.7% in October, rebounding from a 0.4% fall in September.