The Agricultural Input Price Index for March 2026 increased by 4.9% in the month since February 2026 while the Output Price Index fell by 1.5%.
In the 12 months to March 2026, the Agricultural Output Price Index decreased by 12.8% while the Agricultural Input Price Index rose by 5.9%.
The most significant Output Price reductions in the 12 months to March 2026 were in Milk (-25.6%), Pigs (-14.0%), and Cereals (-7.5%), while Poultry was up by 5.4%.
Over the 12 months to March 2026, increases in Input Prices were recorded for Motor Fuels (32.6%), Fertilisers (+17.3%) and Veterinary Expenses (+7.1%).
Terms of Trade fell by 6.1% in March 2026 when compared with February 2026 and was 17.7% lower when compared with March 2025.
| Agricultural Price Indices - March 2026 | |||
| Output | Input | Terms of Trade | |
| Base year 2020=100 | |||
| March 2025 | 167.1 | 127.4 | 131.1 |
| February 2026 | 148.0 | 128.7 | 115.0 |
| March 2026 | 145.7 | 135.0 | 108.0 |
| Monthly % Change | -1.5% | 4.9% | -6.1% |
| Annual % Change | -12.8% | 5.9% | -17.7% |
The overall monthly Agricultural Output and Input Price Indices are presented in Figure 1. Table 1 and Table 2 contain detailed indices listed from March 2025 to March 2026.
Figure 2 displays a selection of input price indices from March 2025 to March 2026.
Figure 3 shows the main components of the output price index of agricultural products from March 2025 to March 2026.
Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.
Statistician's Comment
The Central Statistics Office (CSO) has today (15 May 2026) published Agricultural Price Indices March 2026.
Commenting on the release, Sam Scriven, Senior Statistician in the Agriculture Division, said: "In March 2026, the Agricultural Input Price Index rose by 4.9% compared with the previous month. This increase has been driven by sharp increases in the price indices for Motor Fuel (+35.2%) and Fertilisers (+12.0%) and captures the initial impact of the events in the Middle East. The Agricultural Output Price Index fell by 1.5% when compared with the previous month.
Compared with March 2025, the Output Price Index decreased by 12.8% while the Input Price Index rose by 5.9%. The most significant changes in the output price indices in the 12 months to March 2026 were in Milk (-25.6%) and Pigs (-14.0%), while the largest changes in input price indices when compared with March 2025 were in Motor Fuels (+32.6%) and Fertilisers (+17.3%)."