CSO - Central Statistics Office Ireland

29/08/2024 | Press release | Distributed by Public on 29/08/2024 10:03

Wholesale Price Index July 2024

Wholesale electricity prices rose by over 15% in the 12 months to July 2024

Online ISSN: 2009-5198
CSO statistical publication, 29 August 2024, 11am

Key Findings

  • Wholesale electricity prices increased by 3.0% in the month to July 2024 and were 15.3% higher than July 2023. They were 58.5% lower than in July 2022.

  • Domestic producer prices for manufactured goods were on average 0.4% higher in July 2024 when compared with a year earlier, while producer prices for exported goods were up by 5.6%. Overall, manufacturing producer prices were 5.4% higher in the year.

  • Producer prices for food products dropped by 2.1% in the 12 months to July 2024, while the Food Products, Beverages & Tobacco Index was down by 1.8%.

  • Some of the most notable changes in producer prices for food products over the 12 months to July 2024 were: Fish & Fish Products (+7.8%), Dairy Products (-9.2%), and Grain Milling, Starches & Animal Feeds (-4.9%).

  • The most notable changes in other producer prices in the year to July 2024 were: Chemicals & Chemical Products (+23.1%), Mining & Quarrying (+5.3%), Wood & Wood Products (-6.6%), and Printing & Reproduction of Recorded Media (-5.3%).

  • Wholesale prices for construction products were up by 0.1% in the month to July 2024 and were up by 0.5% in the 12 months since July 2023.

Statistician's Comment

The Central Statistics Office (CSO) has today (29 August 2024) released the Wholesale Price Index (WPI) for July 2024.

Commenting on the release, Deirdre Toher, Statistician in the Prices Division, said:

"Wholesale price inflation showed an increase in July 2024 with a rise of 0.2% in the overall Producer Price Index for manufacturing industries in the month. The price index for export sales was up by 0.2% since June 2024, while the index for home sales was up by 0.1% in the month. Producer prices for products sold on the domestic market were 0.4% higher in July 2024 compared with July 2023. In the year to July 2024, export producer prices rose by 5.6% while overall producer prices were up by 5.4%.

Electricity Prices

Wholesale electricity prices increased by 3.0% in July 2024 when compared with June 2024, and were 15.3% higher than July 2023. They have decreased by 58.5% since July 2022 and have fallen 71.4% when compared with the peak that occurred in August 2022.

Food Products

Producer prices for food products fell by 0.4% in the month and dropped by 2.1% in the 12 months to July 2024.

Producer prices for Dairy Products increased by 3.4% in the month to July 2024 but have dropped by 9.2% since July 2023.Several other food categories showed notable changes in July 2024 when compared with the same month in 2023, including Grain Milling, Starches & Animal Feeds (-4.9%), and Fish & Fish Products (+7.8%) (See Table 2).

Construction Products

The All Materials Index for construction products rose by 0.1% in July 2024 and increased by 0.5% in the year since July 2023, while the Building & Construction Index (i.e. Materials and Wages) was up by 0.1% in the month and was 1.1% higher than the same month last year (See Tables 3 and 4)."

Editor's Note

Under EU legislation, the CSO is required to conduct a rebase of the WPI series to 2021=100. Please note the rebase will now be applied to the September 2024 WPI release which will be published in October 2024. As part of the rebase process, the CSO is also reviewing the WPI methodology and the contents of the WPI release to best meet user needs.

In order to maximise the number of published subindices in Table 2 (Industrial Producer Prices Indices) of the WPI release, the CSO is planning to discontinue the publication of Table 2A (Contribution to changes in the Manufacturing Output Price Index). This change will be applied to the September 2024 release, which will be published in October 2024, and to all subsequent WPI releases.

Headline Table and Graph

Wholesale Price Index- July 2024
Price index (Year '15=100) % monthly change % annual change
May 2024 87.0 -2.8% 0.9%
Jun 2024 89.0 2.3% 2.8%
Jul 2024 89.2 0.2% 5.4%
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Created with Highcharts 9.3.3Chart context menuSource: CSO IrelandJan 2016Mar 2016May 2016Jul 2016Sep 2016Nov 2016Jan 2017Mar 2017May 2017Jul 2017Sep 2017Nov 2017Jan 2018Mar 2018May 2018Jul 2018Sep 2018Nov 2018Jan 2019Mar 2019May 2019Jul 2019Sep 2019Nov 2019Jan 2020Mar 2020May 2020Jul 2020Sep 2020Nov 2020Jan 2021Mar 2021May 2021Jul 2021Sep 2021Nov 2021Jan 2022Mar 2022May 2022Jul 2022Sep 2022Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Highcharts.comFigure 1 - Manufacturing Industries Output Price Index
Output Price Index
-20-10010
% Annual change
Output Price Index
Jan 2016 3.3
Feb 2016 1
Mar 2016 -2.2
Apr 2016 -4.1
May 2016 -1.2
Jun 2016 -1.9
Jul 2016 -1.6
Aug 2016 -1.5
Sep 2016 -2.4
Oct 2016 0.9
Nov 2016 -1.3
Dec 2016 -0.1
Jan 2017 0.6
Feb 2017 0.3
Mar 2017 3.5
Apr 2017 5.4
May 2017 4.5
Jun 2017 2.5
Jul 2017 1
Aug 2017 -0.7
Sep 2017 0.8
Oct 2017 -7.3
Nov 2017 -9.1
Dec 2017 -4.7
Jan 2018 -4.4
Feb 2018 -4.3
Mar 2018 -6.1
Apr 2018 -7.4
May 2018 -5.6
June 2018 -1.3
Jul 2018 -1.2
Aug 2018 -0.3
Sep 2018 0.3
Oct 2018 1.9
Nov 2018 3.1
Dec 2018 -2.3
Jan 2019 0.1
Feb 2019 0.1
Mar 2019 0.4
Apr 2019 0.9
May 2019 -0.7
Jun 2019 -2.4
Jul 2019 -2
Aug 2019 -1.2
Sep 2019 -0.7
Oct 2019 -2.2
Nov 2019 -1.9
Dec 2019 -2
Jan 2020 -4.2
Feb 2020 -1.4
Mar 2020 -5.4
Apr 2020 -8.3
May 2020 -9.3
Jun 2020 -10.4
Jul 2020 -10.6
Aug 2020 -12.4
Sep 2020 -12.4
Oct 2020 -5.1
Nov 2020 -10.7
Dec 2020 -14.5
Jan 2021 -12.6
Feb 2021 -14
Mar 2021 -10.1
Apr 2021 -7
May 2021 -7.6
Jun 2021 -5.3
Jul 2021 -2.1
Aug 2021 -1.4
Sep 2021 -1.9
Oct 2021 -2.6
Nov 2021 0.2
Dec 2021 4.5
Jan 2022 3.5
Feb 2022 2.8
Mar 2022 4.4
Apr 2022 5.2
May 2022 7.3
Jun 2022 6.2
Jul 2022 6.2
Aug 2022 4.7
Sep 2022 6.1
Oct 2022 8
Nov 2022 3.8
Dec 2022 2.5
Jan 2023 3.7
Feb 2023 3.6
Mar 2023 1.5
Apr 2023 -0.7
May 2023 -1.1
Jun 2023 -0.6
Jul 2023 -5.2
Aug 2023 -0.3
Sep 2023 -1.6
Oct 2023 -2.4
Nov 2023 1.4
Dec 2023 2.1
Jan 2024 2.2
Feb 2024 3.3
Mar 2024 2
Apr 2024 3.8
May 2024 0.9
Jun 2024 2.8
Jul 2024 5.4
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Created with Highcharts 9.3.3Chart context menuSource: CSO IrelandJan 2015Mar 2015May 2015Jul 2015Sep 2015Nov 2015Jan 2016Mar 2016May 2016Jul 2016Sep 2016Nov 2016Jan 2017Mar 2017May 2017Jul 2017Sep 2017Nov 2017Jan 2018Mar 2018May 2018Jul 2018Sep 2018Nov 2018Jan 2019Mar 2019May 2019Jul 2019Sep 2019Nov 2019Jan 2020Mar 2020May 2020Jul 2020Sep 2020Nov 2020Jan 2021Mar 2021May 2021Jul 2021Sep 2021Nov 2021Jan 2022Mar 2022May 2022Jul 2022Sep 2022Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Highcharts.comFigure 2 - Manufacturing Industries: Output Price Indices for Home and Export Sale (Base: Year 2015 as 100)
Home
Export
8010012060
Index
Home Export
Jan 2015 100.2 96.8
Feb 2015 99.6 98.8
Mar 2015 99.9 101.1
Apr 2015 99.8 102.6
May 2015 100 100.2
Jun 2015 99.9 99.8
Jul 2015 100 99.8
Aug 2015 100.3 100.2
Sep 2015 100.2 98.9
Oct 2015 100 96.6
Nov 2015 100 102.8
Dec 2015 100 102.5
Jan 2016 100 100.2
Feb 2016 99.1 99.9
Mar 2016 99.5 98.9
Apr 2016 100.8 98.1
May 2016 100.9 98.9
Jun 2016 101 97.7
Jul 2016 101 98.1
Aug 2016 100.1 98.7
Sep 2016 100 96.4
Oct 2016 100 97.6
Nov 2016 100.1 101.5
Dec 2016 100.1 102.4
Jan 2017 100.4 100.8
Feb 2017 99.2 100.1
Mar 2017 99.5 102.6
Apr 2017 99.5 103.7
May 2017 99.4 103.7
Jun 2017 99.5 100.3
Jul 2017 99.6 99.2
Aug 2017 99.5 97.9
Sep 2017 99.8 97.2
Oct 2017 99.7 90.2
Nov 2017 97.7 91.9
Dec 2017 97.7 97.5
Jan 2018 98 96.4
Feb 2018 98.1 95.7
Mar 2018 98.4 96.1
Apr 2018 98.8 95.6
May 2018 98.6 97.7
Jun 2018 98.9 99
Jul 2018 99 98
Aug 2018 99 97.6
Sep 2018 99.4 97.5
Oct 2018 99.4 92
Nov 2018 99.4 94.9
Dec 2018 99.7 95.2
Jan 2019 100.6 96.4
Feb 2019 101.3 95.6
Mar 2019 101.2 96.4
Apr 2019 101.1 96.5
May 2019 101.1 96.8
Jun 2019 101.1 96.4
Jul 2019 101.3 95.8
Aug 2019 101.4 96.3
Sep 2019 101.3 96.8
Oct 2019 101.1 89.8
Nov 2019 101.3 93
Dec 2019 101 93
Jan 2020 99.7 92.1
Feb 2020 100 94.4
Mar 2020 100.1 91.1
Apr 2020 99.7 88.2
May 2020 99.6 87.5
Jun 2020 99.7 86.1
Jul 2020 99.7 85.2
Aug 2020 99.6 83.9
Sep 2020 99.9 84.3
Oct 2020 99.9 85
Nov 2020 99.5 82.6
Dec 2020 99.6 79.1
Jan 2021 100 79.9
Feb 2021 99.5 80.7
Mar 2021 99.8 81.4
Apr 2021 100.2 81.7
May 2021 100.9 80.4
Jun 2021 101.5 81.2
Jul 2021 102.5 83.2
Aug 2021 102.4 82.5
Sep 2021 102.8 82.4
Oct 2021 103.9 82.7
Nov 2021 104.5 82.5
Dec 2021 105.5 82.5
Jan 2022 107.9 82.5
Feb 2022 105.7 82.8
Mar 2022 106.1 84.9
Apr 2022 107.3 85.9
May 2022 108.9 86.2
Jun 2022 109.6 86.1
Jul 2022 112.2 88.2
Aug 2022 113.2 86.1
Sep 2022 113.5 87.3
Oct 2022 114.6 89.1
Nov 2022 114.8 85.5
Dec 2022 114.9 84.4
Jan 2023 116.8 85.4
Feb 2023 116.9 85.4
Mar 2023 115.9 85.8
Apr 2023 115.7 84.9
May 2023 114.7 85
Jun 2023 113.9 85.4
Jul 2023 112.4 83.4
Aug 2023 112 85.8
Sep 2023 111.3 85.9
Oct 2023 111 87
Nov 2023 110.6 86.9
Dec 2023 110.6 86.4
Jan 2024 109.8 87.7
Feb 2024 113 88.6
Mar 2024 113.2 87.8
Apr 2024 113.2 88.5
May 2024 113.1 85.9
Jun 2024 112.8 87.9
Jul 2024 112.9 88.1

Wholesale prices for construction products increased by 0.5% over the 12 months to July 2024

Notable annual increases and decreases in construction products as shown in Table 3 include:

  • Sand & Gravel: 8.1%
  • Rough Timber (Hardwood): 8.1%
  • Concrete Blocks & Bricks: 6.1%
  • Reinforcing Metal: -10.0%
  • Bituminous Emulsions: -9.3%
  • Structural Steel Fabricated Metal: -8.4%

The Building & Construction Index (i.e. Materials and Wages) increased by 0.1% in the month to July 2024 and rose by 1.1% in the 12 months to July 2024. This index combines the All Materials Index with a measure of the change in wages in the Construction sector to provide an overall index for input construction costs(See Table 4).

Wholesale electricity prices increased by 15.3% annually

There was an increase of 3.0% in the price of wholesale electricity in July 2024. The price of electricity was 15.3% higher than in July 2023 and was 58.5% lower than in July 2022.

The price index for all energy fuels increased by 1.8% in July 2024 and was up by 6.8% in the year since July 2023.

The overall Energy Products Index was up by 2.7% since June 2024 and was 13.1% higher when compared with July 2023 (See Figure 3 and Table 5).

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Created with Highcharts 9.3.3Chart context menuSource: CSO IrelandJan 2021Feb 2021Mar 2021Apr 2021May 2021Jun 2021Jul 2021Aug 2021Sep 2021Oct 2021Nov 2021Dec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024Jul 2024Highcharts.comFigure 3 - Wholesale Price Index - Electricity (Base Year 2015 as 100)
Wholesale Price Index - Electricity
0250500750
Index
Wholesale Price Index - Electricity
Jan 2021 144.7
Feb 2021 106.2
Mar 2021 134.5
Apr 2021 157.7
May 2021 178.5
Jun 2021 175.4
Jul 2021 264.7
Aug 2021 242.6
Sep 2021 360.9
Oct 2021 396.1
Nov 2021 377.8
Dec 2021 462.2
Jan 2022 371.8
Feb 2022 323.5
Mar 2022 541.3
Apr 2022 402.9
May 2022 264.5
Jun 2022 335.6
Jul 2022 493.2
Aug 2022 715.5
Sep 2022 522.9
Oct 2022 251.2
Nov 2022 264.2
Dec 2022 510.4
Jan 2023 299.3
Feb 2023 293.8
Mar 2023 268.1
Apr 2023 231.8
May 2023 194.2
Jun 2023 216.2
Jul 2023 177.6
Aug 2023 196.5
Sep 2023 206
Oct 2023 231.7
Nov 2023 226.9
Dec 2023 164.2
Jan 2024 184.4
Feb 2024 156.2
Mar 2024 160
Apr 2024 163.4
May 2024 198.9
Jun 2024 198.9
Jul 2024 204.8
Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
Base: Year 2015 as 100
Manufacturing Industries Output Price Index Manufacturing Industries Output Price Index (Home Sales) Manufacturing Industries Output Price Index (Export Sales)
Period Price Index % Change on preceding period Annual % change Price Index % Change on Preceding Period Price Index % Change on Preceding Period
2015 Year 100.0 - - 100.0 - 100.0 -
2016 Year 99.1 -0.9 -0.9 100.2 0.2 99.0 -1.0
2017 Year 98.8 -0.3 -0.3 99.3 -0.9 98.8 -0.2
2018 Year 96.4 -2.4 -2.4 98.9 -0.4 96.3 -2.5
2019 Year 95.5 -0.9 -0.9 101.2 2.3 95.2 -1.1
2020 Year 87.2 -8.7 -8.7 99.8 -1.4 86.6 -9.0
2021 Year 82.6 -5.3 -5.3 102.0 2.2 81.8 -5.5
2022 Year 86.8 5.1 5.1 110.7 8.5 85.8 4.9
2023 Year 86.8 0.0 0.0 113.5 2.5 85.6 -0.2
2015 Quarter 1 99.0 - - 99.9 - 98.9 -
Quarter 2 100.8 1.8 - 99.9 0.0 100.9 2.0
Quarter 3 99.6 -1.2 - 100.2 0.3 99.6 -1.3
Quarter 4 100.6 1.0 - 100.0 -0.2 100.6 1.0
2016 Quarter 1 99.6 -1.0 0.6 99.5 -0.5 99.7 -0.9
Quarter 2 98.4 -1.2 -2.4 100.9 1.4 98.2 -1.5
Quarter 3 97.8 -0.6 -1.8 100.4 -0.5 97.7 -0.5
Quarter 4 100.5 2.8 -0.1 100.1 -0.3 100.5 2.9
2017 Quarter 1 101.1 0.6 1.5 99.7 -0.4 101.2 0.7
Quarter 2 102.4 1.3 4.1 99.5 -0.2 102.6 1.4
Quarter 3 98.2 -4.1 0.4 99.6 0.1 98.1 -4.4
Quarter 4 93.4 -4.9 -7.1 98.4 -1.2 93.2 -5.0
2018 Quarter 1 96.1 2.9 -4.9 98.2 -0.2 96.1 3.1
Quarter 2 97.5 1.5 -4.8 98.8 0.6 97.4 1.4
Quarter 3 97.8 0.3 -0.4 99.1 0.3 97.7 0.3
Quarter 4 94.2 -3.7 0.9 99.5 0.4 94.0 -3.8
2019 Quarter 1 96.3 2.2 0.2 101.0 1.5 96.1 2.2
Quarter 2 96.8 0.5 -0.7 101.1 0.1 96.6 0.5
Quarter 3 96.5 -0.3 -1.3 101.3 0.2 96.3 -0.3
Quarter 4 92.3 -4.4 -2.0 101.1 -0.2 91.9 -4.6
2020 Quarter 1 92.8 0.5 -3.6 99.9 -1.2 92.5 0.7
Quarter 2 87.8 -5.4 -9.3 99.7 -0.2 87.3 -5.6
Quarter 3 85.1 -3.1 -11.8 99.7 0.0 84.5 -3.2
Quarter 4 83.0 -2.5 -10.1 99.7 0.0 82.2 -2.7
2021 Quarter 1 81.5 -1.8 -12.2 99.8 0.1 80.7 -1.8
Quarter 2 81.9 0.5 -6.7 100.9 1.1 81.1 0.5
Quarter 3 83.5 2.0 -1.9 102.6 1.7 82.7 2.0
Quarter 4 83.5 0.0 0.6 104.6 1.9 82.6 -0.1
2022 Quarter 1 84.4 1.1 3.6 106.6 1.9 83.4 1.0
Quarter 2 87.0 3.1 6.2 108.6 1.9 86.1 3.2
Quarter 3 88.3 1.5 5.7 113.0 4.1 87.2 1.3
Quarter 4 87.5 -0.9 4.8 114.8 1.6 86.3 -1.0
2023 Quarter 1 86.8 -0.8 2.8 116.5 1.5 85.5 -0.9
Quarter 2 86.3 -0.6 -0.8 114.8 -1.5 85.1 -0.5
Quarter 3 86.2 -0.1 -2.4 111.9 -2.5 85.0 -0.1
Quarter 4 87.8 1.9 0.3 110.7 -1.1 86.8 2.1
2024 Quarter 1 89.0 1.4 2.5 112.0 1.2 88.0 1.4
Quarter 2 88.5 -0.6 2.5 113.0 0.9 87.4 -0.7
2015 January 97.0 - - 100.2 - 96.8 -
February 98.8 1.9 - 99.6 - 98.8 -
March 101.1 2.3 - 99.9 - 101.1 -
April 102.4 1.3 - 99.8 - 102.6 -
May 100.2 -2.1 - 100.0 - 100.2 -
June 99.8 -0.4 - 99.9 - 99.8 -
July 99.8 0.0 - 100.0 - 99.8 -
August 100.2 0.4 - 100.3 - 100.2 -
September 98.9 -1.3 - 100.2 - 98.9 -
October 96.8 -2.1 - 100.0 - 96.6 -
November 102.7 6.1 - 100.0 - 102.8 -
December 102.4 -0.3 - 100.0 - 102.5 -
2016 January 100.2 -2.1 3.3 100.0 0.0 100.2 -2.2
February 99.8 -0.4 1.0 99.1 -0.9 99.9 -0.3
March 98.9 -0.9 -2.2 99.5 0.4 98.9 -1.0
April 98.2 -0.7 -4.1 100.8 1.3 98.1 -0.8
May 99.0 0.8 -1.2 100.9 0.1 98.9 0.8
June 97.9 -1.1 -1.9 101.0 0.1 97.7 -1.2
July 98.2 0.3 -1.6 101.0 0.0 98.1 0.4
August 98.7 0.5 -1.5 100.1 -0.9 98.7 0.6
September 96.5 -2.2 -2.4 100.0 -0.1 96.4 -2.3
October 97.7 1.2 0.9 100.0 0.0 97.6 1.2
November 101.4 3.8 -1.3 100.1 0.1 101.5 4.0
December 102.3 0.9 -0.1 100.1 0.0 102.4 0.9
2017 January 100.8 -1.5 0.6 100.4 0.3 100.8 -1.6
February 100.1 -0.7 0.3 99.2 -1.2 100.1 -0.7
March 102.4 2.3 3.5 99.5 0.3 102.6 2.5
April 103.5 1.1 5.4 99.5 0.0 103.7 1.1
May 103.5 0.0 4.5 99.4 -0.1 103.7 0.0
June 100.3 -3.1 2.5 99.5 0.1 100.3 -3.3
July 99.2 -1.1 1.0 99.6 0.1 99.2 -1.1
August 98.0 -1.2 -0.7 99.5 -0.1 97.9 -1.3
September 97.3 -0.7 0.8 99.8 0.3 97.2 -0.7
October 90.6 -6.9 -7.3 99.7 -0.1 90.2 -7.2
November 92.2 1.8 -9.1 97.7 -2.0 91.9 1.9
December 97.5 5.7 -4.7 97.7 0.0 97.5 6.1
2018 January 96.4 -1.1 -4.4 98.0 0.3 96.4 -1.1
February 95.8 -0.6 -4.3 98.1 0.1 95.7 -0.7
March 96.2 0.4 -6.1 98.4 0.3 96.1 0.4
April 95.8 -0.4 -7.4 98.8 0.4 95.6 -0.5
May 97.7 2.0 -5.6 98.6 -0.2 97.7 2.2
June 99.0 1.3 -1.3 98.9 0.3 99.0 1.3
July 98.0 -1.0 -1.2 99.0 0.1 98.0 -1.0
August 97.7 -0.3 -0.3 99.0 0.0 97.6 -0.4
September 97.6 -0.1 0.3 99.4 0.4 97.5 -0.1
October 92.3 -5.4 1.9 99.4 0.0 92.0 -5.6
November 95.1 3.0 3.1 99.4 0.0 94.9 3.2
December 95.3 0.2 -2.3 99.7 0.3 95.2 0.3
2019 January 96.5 1.3 0.1 100.6 0.9 96.4 1.3
February 95.9 -0.6 0.1 101.3 0.7 95.6 -0.8
March 96.6 0.7 0.4 101.2 -0.1 96.4 0.8
April 96.7 0.1 0.9 101.1 -0.1 96.5 0.1
May 97.0 0.3 -0.7 101.1 0.0 96.8 0.3
June 96.6 -0.4 -2.4 101.1 0.0 96.4 -0.4
July 96.0 -0.6 -2.0 101.3 0.2 95.8 -0.6
August 96.5 0.5 -1.2 101.4 0.1 96.3 0.5
September 96.9 0.4 -0.7 101.3 -0.1 96.8 0.5
October 90.3 -6.8 -2.2 101.1 -0.2 89.8 -7.2
November 93.3 3.3 -1.9 101.3 0.2 93.0 3.6
December 93.4 0.1 -2.0 101.0 -0.3 93.0 0.0
2020 January 92.4 -1.1 -4.2 99.7 -1.3 92.1 -1.0
February 94.6 2.4 -1.4 100.0 0.3 94.4 2.5
March 91.4 -3.4 -5.4 100.1 0.1 91.1 -3.5
April 88.7 -3.0 -8.3 99.7 -0.4 88.2 -3.2
May 88.0 -0.8 -9.3 99.6 -0.1 87.5 -0.8
June 86.6 -1.6 -10.4 99.7 0.1 86.1 -1.6
July 85.8 -0.9 -10.6 99.7 0.0 85.2 -1.0
August 84.5 -1.5 -12.4 99.6 -0.1 83.9 -1.5
September 84.9 0.5 -12.4 99.9 0.3 84.3 0.5
October 85.7 0.9 -5.1 99.9 0.0 85.0 0.8
November 83.3 -2.8 -10.7 99.5 -0.4 82.6 -2.8
December 79.9 -4.1 -14.5 99.6 0.1 79.1 -4.2
2021 January 80.8 1.1 -12.6 100.0 0.4 79.9 1.0
February 81.4 0.7 -14.0 99.5 -0.5 80.7 1.0
March 82.2 1.0 -10.1 99.8 0.3 81.4 0.9
April 82.5 0.4 -7.0 100.2 0.4 81.7 0.4
May 81.3 -1.5 -7.6 100.9 0.7 80.4 -1.6
June 82.0 0.9 -5.3 101.5 0.6 81.2 1.0
July 84.0 2.4 -2.1 102.5 1.0 83.2 2.5
August 83.3 -0.8 -1.4 102.4 -0.1 82.5 -0.8
September 83.3 0.0 -1.9 102.8 0.4 82.4 -0.1
October 83.5 0.2 -2.6 103.9 1.1 82.7 0.4
November 83.5 0.0 0.2 104.5 0.6 82.5 -0.2
December 83.5 0.0 4.5 105.5 1.0 82.5 0.0
2022 January 83.6 0.1 3.5 107.9 2.3 82.5 0.0
February 83.7 0.1 2.8 105.7 -2.0 82.8 0.4
March 85.8 2.5 4.4 106.1 0.4 84.9 2.5
April 86.8 1.2 5.2 107.3 1.1 85.9 1.2
May 87.2 0.5 7.3 108.9 1.5 86.2 0.3
June 87.1 -0.1 6.2 109.6 0.6 86.1 -0.1
July 89.2 2.4 6.2 112.2 2.4 88.2 2.4
August 87.2 -2.2 4.7 113.2 0.9 86.1 -2.4
September 88.4 1.4 6.1 113.5 0.3 87.3 1.4
October 90.2 2.0 8.0 114.6 1.0 89.1 2.1
November 86.7 -3.9 3.8 114.8 0.2 85.5 -4.0
December 85.6 -1.3 2.5 114.9 0.1 84.4 -1.3
2023 January 86.7 1.3 3.7 116.8 1.7 85.4 1.2
February 86.7 0.0 3.6 116.9 0.1 85.4 0.0
March 87.1 0.5 1.5 115.9 -0.9 85.8 0.5
April 86.2 -1.0 -0.7 115.7 -0.2 84.9 -1.0
May 86.2 0.0 -1.1 114.7 -0.9 85.0 0.1
June 86.6 0.5 -0.6 113.9 -0.7 85.4 0.5
July 84.6 -2.3 -5.2 112.4 -1.3 83.4 -2.3
August 86.9 2.7 -0.3 112.0 -0.4 85.8 2.9
September 87.0 0.1 -1.6 111.3 -0.6 85.9 0.1
October 88.0 1.1 -2.4 111.0 -0.3 87.0 1.3
November 87.9 -0.1 1.4 110.6 -0.4 86.9 -0.1
December 87.4 -0.6 2.1 110.6 0.0 86.4 -0.6
2024 January 88.6 1.4 2.2 109.8 -0.7 87.7 1.5
February 89.6 1.1 3.3 113.0 2.9 88.6 1.0
March 88.8 -0.9 2.0 113.2 0.2 87.8 -0.9
April 89.5 0.8 3.8 113.2 0.0 88.5 0.8
May 87.0 -2.8 0.9 113.1 -0.1 85.9 -2.9
June 89.0 2.3 2.8 112.8 -0.3 87.9 2.3
July 89.2 0.2 5.4 112.9 0.1 88.1 0.2

Table 2 Industrial Producer Price Indices (excluding VAT)
Table 2 Industrial Producer Price Indices (excluding VAT)
Base: Year 2015 as 100
Industrial Sector NACE code1 Index Monthly % Change Annual % Change
Jun 2024 Jul 2024 May 2024 Jun 2024 Jul 2024 Jul 2024
Food Products 10 100.2 99.8 -0.6 0.4 -0.4 -2.1
Meat and meat products 101 117.7 117.6 -0.4 0.3 -0.1 0.1
Fish and fish products 102 165.7 164.9 -0.2 0.1 -0.5 7.8
Fruit and vegetables 103 116.0 116.0 0.0 0.0 0.0 0.0
Vegetable and animal oils and fats 104 94.5 94.6 -0.4 1.6 0.1 1.4
Dairy products 105 128.0 132.3 0.6 -0.3 3.4 -9.2
Grain milling, starches and animal feeds 106,109 115.3 114.4 -1.4 0.0 -0.8 -4.9
Bakery and farinaceous products 107 99.8 99.8 -0.2 0.4 0.0 0.9
Other food products 108 82.8 81.5 -1.0 0.7 -1.6 -1.6
Beverages 11 118.5 117.9 -0.4 0.4 -0.5 0.3
Tobacco 12 .. .. .. .. .. ..
Textiles 13 107.4 107.4 0.0 0.0 0.0 1.2
Wearing apparel 14 122.4 122.4 0.0 0.0 0.0 2.9
Leather and leather products (incl. footwear); dressing and dyeing of fur 15 102.7 102.7 0.0 0.0 0.0 0.0
Wood and wood products 16 142.4 141.8 0.4 -1.1 -0.4 -6.6
Pulp, paper and paper products 17 101.4 101.4 -0.1 0.3 0.0 -2.8
Printing and reproduction of recorded media 18 100.1 100.1 0.0 0.0 0.0 -5.3
Coke and refined petroleum products 19 .. .. .. .. .. ..
Chemicals and chemical products 20 124.2 124.1 -0.1 0.1 -0.1 23.1
Basic pharmaceutical products and pharmaceutical preparations 21 .. .. .. .. .. ..
Rubber and plastic products 22 121.9 121.3 -0.2 0.5 -0.5 0.4
Other non-metallic mineral products 23 147.1 147.3 -1.2 2.4 0.1 1.2
Basic metals 24 120.0 124.0 -0.1 0.3 3.3 1.1
Fabricated metal products, except machinery and equipment 25 116.9 116.9 -0.1 0.6 0.0 0.6
Computer, electronic and optical products 26 .. .. .. .. .. ..
Electrical equipment 27 99.3 100.1 -0.2 0.4 0.8 -2.8
Machinery and equipment n.e.c. 28 .. .. .. .. .. ..
Motor vehicles, trailers and semi-trailers 29 108.2 108.2 0.0 0.1 0.0 0.4
Other transport equipment 30 116.8 116.8 0.0 0.0 0.0 1.7
Furniture 31 130.1 131.6 1.0 0.7 1.2 1.5
Other Manufacturing 32 .. .. .. .. .. ..
Repair and installation of machinery and equipment 33 .. .. .. .. .. ..
Mining and quarrying 05-09 131.2 130.0 1.4 0.5 -0.9 5.3
Total transportable goods industries 89.1 89.3 -2.8 2.3 0.2 5.4
Food products, Beverages and Tobacco Products 10-12 100.8 100.5 -0.6 0.4 -0.3 -1.8
Manufacturing industries excluding Food Products 87.4 87.6 -3.2 2.6 0.2 6.7
Manufacturing industries excluding Food Products, Beverages and Tobacco Products 87.0 87.3 -3.2 2.6 0.3 6.9
Intermediate goods industries (except energy) .. .. .. .. .. ..
Capital goods industries .. .. .. .. .. ..
Durable consumer goods industries .. .. .. .. .. ..
Non-durable consumer goods industries .. .. .. .. .. ..
Manufacturing industries (home sales)2 112.8 112.9 -0.1 -0.3 0.1 0.4
Manufacturing industries (export sales)2 87.9 88.1 -2.9 2.3 0.2 5.6
Total manufacturing industries2 89.0 89.2 -2.8 2.3 0.2 5.4
1 Nace Rev. 2 Statistical classification of economic activities in the European Community.
2 Excludes Mining and quarrying.
.. Data suppressed for confidentiality reasons

Table 2A Contribution to changes in the Manufacturing Output Price Index, July 2024 (Table 2)
Table 2A Contribution to changes in the Manufacturing Output Price Index, July 2024 (Table 2)
Industrial sector NACE code 1 Contribution to overall % change2
One month Twelve months
Food Products 10 -0.05 -0.33
Meat and meat products 101 0.00 0.00
Fish and fish products 102 0.00 0.04
Fruit and vegetables 103 0.00 0.00
Vegetable and animal oils and fats 104 0.00 0.00
Dairy products 105 0.06 -0.21
Grain milling, starches and animal feeds 106,109 -0.01 -0.05
Bakery and farinaceous products 107 0.00 0.00
Other food products 108 -0.11 -0.11
Beverages 11 -0.01 0.00
Tobacco Products 12 .. ..
Textiles 13 0.00 0.00
Wearing apparel 14 0.00 0.00
Leather and leather products (incl. footwear); dressing and dyeing of fur 15 0.00 0.00
Wood and wood products 16 0.00 -0.04
Pulp, paper and paper products 17 0.00 -0.01
Printing and reproduction of recorded media 18 0.00 -0.13
Coke and refined petroleum products 19 .. ..
Chemicals and chemical products 20 0.00 0.84
Basic pharmaceutical products and pharmaceutical preparations 21 .. ..
Rubber and plastic products 22 -0.01 0.00
Other non-metallic mineral products 23 0.00 0.01
Basic metals 24 0.02 0.01
Fabricated metal products, except Machinery and equipment 25 0.00 0.00
Computer, electronic and optical products 26 .. ..
Electrical equipment 27 0.01 -0.02
Machinery and Equipment n.e.c. 28 .. ..
Motor vehicles, trailers and semi-trailers 29 0.00 0.00
Other transport equipment 30 0.00 0.00
Furniture 31 0.00 0.00
Other Manufacturing 32 .. ..
Repair and Installation of machinery and equipment 33 .. ..
Mining and quarrying 05-09 -0.01 0.03
1 Nace Rev. 2 Statistical classification of economic activities in the European Community.
2 See Background Notes.
.. Data suppressed for confidentiality reasons

Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials
Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials
Base: Year 2015 as 100
Materials Index Monthly % Change Annual % Change
Jun 2024 Jul 2024 May 2024 Jun 2024 Jul 2024 Jul 2024
Stone, sand and gravel 136.5 135.6 0.5 1.0 -0.7 2.6
Stone 135.7 134.6 0.7 0.7 -0.8 1.5
Sand and gravel 140.5 140.9 -0.6 3.0 0.3 8.1
Cement 189.4 189.4 0.0 5.8 0.0 5.8
Ready mixed mortar and concrete 158.2 158.5 0.1 0.7 0.2 4.3
Concrete blocks and bricks 142.8 146.3 0.4 0.6 2.5 6.1
Other concrete products including precast1 130.4 131.0 0.0 0.0 0.5 0.5
Structural steel and reinforcing metal 173.5 173.5 -0.7 -0.5 0.0 -8.3
Structural steel 201.6 201.4 -1.1 0.0 -0.1 -7.6
Structural steel fabricated metal 208.4 208.4 -1.2 0.0 0.0 -8.4
Other Structural steel 146.4 144.1 -0.3 0.8 -1.6 2.9
Reinforcing metal 130.6 130.9 0.1 -1.7 0.2 -10.0
Other steel products 134.4 134.4 0.0 0.0 0.0 1.8
Rough timber (including plain sawn) 150.6 151.9 -0.1 0.3 0.9 1.2
Rough timber (hardwood) 106.9 106.9 0.0 0.0 0.0 8.1
Rough timber (softwood) 156.1 157.6 0.0 0.3 1.0 0.7
Machined, treated engineered timber 144.7 144.7 0.0 0.0 0.0 1.0
Wooden windows and doors 142.6 142.6 0.0 0.0 0.0 2.1
Other treated timber 148.1 148.1 0.0 0.0 0.0 0.0
Bituminous macadam, asphalt and bituminous emulsions 124.2 122.3 -0.1 -0.2 -1.5 -1.6
Bituminous macadam and asphalt 124.4 122.4 -0.2 -0.2 -1.6 -1.3
Bituminous emulsions 119.5 119.5 0.0 5.0 0.0 -9.3
Electrical fittings 136.8 136.8 0.0 0.1 0.0 -1.9
Lighting equipment 107.3 107.3 0.0 0.0 0.0 0.0
Protection & communication equipment 120.6 120.6 0.0 0.1 0.0 -0.3
All other materials 137.2 137.1 1.0 -0.1 -0.1 1.6
Plumbing materials incl. sanitary ware 146.8 145.6 0.0 0.3 -0.8 -2.0
HVAC (heating & ventilation equipment) 121.2 121.2 0.0 2.0 0.0 2.7
Insulating materials 126.5 126.5 0.0 0.2 0.0 1.0
Pipes and fittings 149.0 149.0 0.4 -0.3 0.0 1.6
PVC pipes and fittings 166.7 166.7 0.0 0.0 0.0 -0.4
Copper pipes and fittings 143.3 143.3 0.6 -0.3 0.0 2.4
Plaster 199.4 199.4 0.0 -3.4 0.0 -3.3
Paints, oils and varnishes 163.3 163.3 0.0 0.0 0.0 1.9
Glass 104.7 104.7 0.0 0.0 0.0 0.0
All other metal fittings 112.4 112.4 0.0 0.0 0.0 -3.9
All other products 130.2 130.2 1.9 0.0 0.0 2.6
All materials 144.7 144.9 0.3 0.3 0.1 0.5
1 This table was updated on 23rd March 2023. The subcategories Precast Concrete and Other Concrete Products (excluding precast concrete) will no longer be maintained from February 2023. The higher-level category Other Concrete Products Including Precast includes products from both these subcategories and this index can be used as an approximation to the obsolete subcategories.

For more information on the categories of products in Table 3 see Description of Products for Building and Construction.

Table 4 Capital Goods Price Indices (excluding VAT)
Table 4 Capital Goods Price Indices (excluding VAT) Base: Year 2015 as 100
Capital goods Index Monthly % Change Annual % Change
Jun 2024 Jul 2024 May 2024 Jun 2024 Jul 2024 Jul 2024
Transportable capital for use in
Agriculture 129.0 129.5 0.1 0.0 0.4 2.9
Industry 125.4 125.5 0.1 0.3 0.1 2.0
of which:
Private vehicles1 114.8 115.0 0.3 0.0 0.2 1.2
Commercial vehicles 119.0 119.6 0.0 0.0 0.5 0.2
Agriculture and industry 126.0 126.2 0.1 0.2 0.2 2.2
Other sectors 123.1 123.5 0.2 0.0 0.3 1.7
Total transportable capital 124.6 124.9 0.2 0.1 0.2 2.0
Building and construction (i.e. materials and wages) 135.3 135.4 0.1 0.1 0.1 1.1
All capital goods 133.8 134.0 0.1 0.1 0.1 1.2
1 Private vehicles are inclusive of VAT which is non-deductible for industry and agriculture.

Table 5 Wholesale Price Indices (excluding VAT) for Energy Products (i.e. Fuels purchased by Manufacturing Industry)
Table 5 Wholesale Price Indices (excluding VAT) for Energy Products (i.e. Fuels purchased by Manufacturing Industry)
Base: Year 2015 as 100
Energy products Index Monthly % Change Annual % Change
Jun 2024 Jul 2024 May 2024 Jun 2024 Jul 2024 Jul 2024
Petrol 123.1 123.7 -3.9 -1.1 0.5 6.8
Autodiesel 127.3 127.4 -6.4 0.5 0.1 7.1
Gas oil (other than autodiesel) 131.6 132.4 -3.5 0.7 0.6 7.1
Fuel oil 132.0 135.5 -2.8 0.4 2.7 6.7
Electricity 198.9 204.8 21.7 0.0 3.0 15.3
All energy fuels1 130.5 132.8 -3.8 0.4 1.8 6.8
All energy products 176.3 181.0 14.4 0.1 2.7 13.1
1 Energy products excluding electricity.