Ireland Wholesale Prices Fall at Faster Pace

Wholesale prices in Ireland fell by 5.5% year-on-year in February 2026, following a 5.2% decline in the previous month, marking the 13th consecutive month of deflation. Prices continued to fall in electricity (-23.3%) and food products (-2.9%), with declines in other food products (-6.2%) partially offset by gains in fish and fish products (6.1%). Manufacturing prices also decreased (-5.5%), along with mining and quarrying (-3.1%), beverages (-4.4%), and basic metals (-3.3%). Meanwhile, costs rose in chemicals & chemical products (21%), fabricated metal products, except machinery and equipment (3.7%), and other non-metallic mineral products (3.5%). Construction products also increased by 1.8%. On a monthly basis, wholesale prices fell by 1.1%, reversing a 1.4% gain in the prior month.

Wholesale prices in Ireland decreased by 5.2% year-on-year in January 2026, after a 6.4% slump in the previous month, marking the 12th consecutive period of deflation. Downward pressure came mostly from prices of electricity (-24.2%) and food products (-2.3%), with steep declines in vegetables & animal oils & fats (-16.2%) and other food products (-6.0%) partially offset by a 5.4% rise in fish & fish products (+5.4%). Costs also fell for beverages (-3.3%) and mining & quarrying (-3.1%), but increased for chemicals & chemical products (+21.0%); pulp, paper & paper products (+4.0%); and fabricated metal products, excluding machinery & equipment (+3.1%). Wholesale prices for construction products rose by 1.5%. On a monthly basis, wholesale prices rose by 1.4% in January, following a 0.6% decline in the prior month.

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.