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Agricultural Price Indices November 2025

Milk Price Index down 6.5% in November 2025 when compared with October 2025

Online ISSN: 2009-5163
CSO statistical release, , 11am

Key Findings

  • In the 12 months to November 2025, the Agricultural Input Price Index increased by 2.9% while the Agricultural Output Price Index rose slightly by 0.1%.

  • The Agricultural Output Price Index for November 2025 fell by 2.2% in the month since October 2025, driven by a 6.5% fall in the Milk Price Index. The Input Price Index showed no change in the month to November 2025.

  • The most significant Output Price changes in the 12 months to November 2025 were in Cattle (+42.1%) and Milk (-26.4%).

  • Over the 12 months to November 2025, increases in Input Prices were recorded for Fertilisers (+14.3%), Electricity (+5.0%), and Veterinary Expenses (+4.7%).

  • Terms of Trade fell by 2.3% in November 2025 when compared with the previous month and was 2.7% lower when compared with November 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (16 January 2026) published Agricultural Price Indices November 2025.

Commenting on the release, Sam Scriven, Senior Statistician in the Agriculture Division, said: "In November 2025, the Agricultural Output Price Index fell by 2.2% compared with the previous month, driven by a fall in the price of Milk (-6.5%). Over the same period the Agricultural Input Price Index remained unchanged.

Compared with November 2024, the Input Price Index increased by 2.9% while the Output Price Index rose marginally by 0.1%.

The most significant changes in the output prices in the 12 months to November 2025 were in Cattle (+42.1%) and Milk (-26.4%). The largest change in input prices when compared with November 2024 was in Fertilisers (+14.3%)."

Monthly Agricultural Price Indices

Agricultural Price Indices - November 2025
 OutputInputTerms of Trade
 Base year 2020=100
November 2024152.5123.5123.5
October 2025156.2127.0123.0
November 2025152.7127.1120.2
Monthly % Change-2.2%0.0%-2.3%
Annual % Change0.1%2.9%-2.7%

The overall monthly Agricultural Output and Input Price Indices are presented in Figure 1. Table 1 and Table 2 contain detailed indices listed from November 2024 to November 2025. 

Figure 1 - Agricultural Input and Output Price Indices (Base 2020=100)
Table 1 Agricultural Output Price Index (excluding VAT)

Table 2 Agricultural Input Price Index (excluding VAT)

Input Indicators

Figure 2 displays a selection of input price indices from November 2024 to November 2025.

Figure 2 - Agricultural Input Price Index (Base 2020=100)

Output Indicators

Figure 3 shows the main components of the output price index of agricultural products from November 2024 to November 2025.

Figure 3 - Agricultural Output Price Index (Base 2020=100)

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