The Agricultural Output Price Index for December 2025 was 4.9% lower than in December 2024.
The Agricultural Input Price Index for December 2025 rose by 2.7% compared with December 2024.
Output prices in December 2025 decreased by 3.9% compared with November 2025, driven by falls in the prices for Milk (-6.8%) and Cattle (-3.2%). Input prices remained relatively unchanged when compared with the previous month (-0.1%).
The annual Output Price Index for the year 2025 was 14.2% higher than for 2024, driven by a rise in the price for Cattle (+40.6%). Other increases were seen in Sheep (+5.1%), Milk (+3.3%) and Poultry (+3.1%), while Pigs (-4.9%) and Crop Output (-4.4%) fell in price.
The annual Input Price Index for 2025 was marginally higher than for 2024, up by 0.6%. Fertilisers prices were up (+8.6%) while Feeding Stuffs (-2.3%) and Energy (-0.9%) were among the items which fell in price.
| Agricultural Price Indices - December 2025 | |||
| Output | Input | Terms of Trade | |
| Base year 2020=100 | |||
| December 2024 | 154.3 | 123.7 | 124.8 |
| November 2025 | 152.8 | 127.1 | 120.2 |
| December 2025 | 146.8 | 127.0 | 115.6 |
| Monthly % Change | -3.9% | -0.1% | -3.8% |
| Annual % Change | -4.9% | 2.7% | -7.4% |
The overall monthly Agricultural Output and Input Price Indices are presented in Figure 1. Table 1 and Table 2 contain detailed indices listed from December 2024 to December 2025.
Annual Price Indices reflect the mean or average monthly Price Index over the 12 calendar months of the year.
A summary of the headline annual Agricultural Price Indices is shown in Table 3. The overall annual Agricultural Output and Input Price Indices are presented in Figure 2. Table 4 and Table 5 contain detailed annual indices from 2020. The annual Terms of Trade are shown below.
| Table 3 Annual Agricultural Price Indices - 2025 | |||
| Output | Input | Terms of Trade | |
| Base year 2020=100 | |||
| 2024 | 142.4 | 126.2 | 112.8 |
| 2025 | 162.6 | 126.9 | 128.1 |
| Annual % Change | 14.2% | 0.6% | 13.5% |
Figure 3 displays a selection of input price indices.
Figure 4 shows the main components of the output price index of agricultural products.
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Statistician's Comment
The Central Statistics Office (CSO) has today (16 February 2026) published Agricultural Price Indices December and Year 2025. The release contains both the monthly price indices for December 2025 and the annual price indices for the year 2025. Annual indices are calculated using the weighted average of the monthly indices over the course of the year.
Commenting on the release, Sam Scriven, Senior Statistician in the Agriculture Division, said: "The Agricultural Output Price Index for December 2025 was 4.9% lower than in December 2024. Prices for Cattle (+31.4%) and Poultry (+5.5%) were higher in December 2025 than in December 2024, while there were falls in the prices for Milk (-30.4%), Pigs (-13.7%), Cereals (-7.5%), and Sheep (-7.4%).
The Agricultural Input Price Index for December 2025 was 2.7% higher than in December 2024, where prices for Fertilisers were seen to have increased by 13.8% when compared with December 2024.
Output prices in December 2025 were lower by 3.9% when compared with November 2025, driven by falls in the prices for Milk (-6.8%) and Cattle (-3.2%). Input prices were relatively unchanged since the previous month (-0.1%).
Annual Price Indices
Annual price indices, which are a measure of the price throughout the year, are calculated using the weighted average of monthly price indices during the year.
The annual Output Price Index for the year 2025 was 14.2% higher than for 2024, largely driven by the rise in price for Cattle (+40.6%). Other increases were seen in Sheep (+5.1%), Milk (+3.3%) and Poultry (+3.1%), while Pigs (-4.9%) and Crop Output (-4.4%) fell in price.
The annual Input Price Index for 2025 was marginally higher than for 2024, up by 0.6%. Fertilisers prices were up (+8.6%) while Feeding Stuffs (-2.3%) and Energy (-0.9%) were among the items which fell in price.”