This chapter contains annual averages from the monthly Consumer Price Index and the Wholesale Price Index reports. We have also included data on the national average price (NAP) for some of the items in the CPI basket of goods and services.
The Consumer Price Index (CPI) is designed to measure the change in the average level of prices of goods and services bought for the purpose of consumption by all private and institutional households in Ireland and by foreign tourists while on holiday in Ireland.
| Goods | Services | All Items | |
| 2000 | 101.1 | 58.2 | 75.1 |
| 2001 | 103.9 | 62.6 | 78.7 |
| 2002 | 106.3 | 67 | 82.4 |
| 2003 | 108.5 | 70.2 | 85.2 |
| 2004 | 109.5 | 72.6 | 87.1 |
| 2005 | 110.3 | 75.4 | 89.2 |
| 2006 | 111.7 | 80.1 | 92.7 |
| 2007 | 112.9 | 86.8 | 97.3 |
| 2008 | 116.2 | 91.1 | 101.2 |
| 2009 | 111.1 | 86.9 | 96.7 |
| 2010 | 108.7 | 87 | 95.8 |
| 2011 | 110.1 | 90.2 | 98.3 |
| 2012 | 111.5 | 92 | 99.9 |
| 2013 | 110.4 | 93.6 | 100.4 |
| 2014 | 108.1 | 95.5 | 100.6 |
| 2015 | 104.1 | 97.7 | 100.3 |
| 2016 | 101 | 99.9 | 100.3 |
| 2017 | 98.9 | 102 | 100.7 |
Figure 18.1 shows the annual average indices (Base: Dec 2016=100) for All Items, Goods and Services for the period 2000 to 2017. Over the period 2000 to 2017, the CPI All Items increased by 34.1%. During this period, the cost of Services increased by 75.3% and the rate for Goods decreased by 2.2%.
Every month, the CSO publishes a national average price (NAP) for some of the items in the CPI basket of goods and services. Figures 18.2 and 18.3 show the national average prices for some of these items for the period 2007 to 2017.
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
| Potatoes 2.5KG | 3.778 | 3.73 | 3.37433333333333 | 3.26325 | 3.183 | 3.38725 | 3.831 | 3.072 | 2.945 | 3.157 | 3.18175 |
| Brown sliced pan 800g | 1.423 | 1.704 | 1.678 | 1.65016666666667 | 1.715 | 1.52325 | 1.54775 | 1.517 | 1.35458333333333 | 1.35775 | 1.39033333333333 |
| Milk - full fat 2 litres | 1.601 | 2.003 | 1.90825 | 1.79516666666667 | 1.826 | 1.77225 | 1.80183333333333 | 1.745 | 1.72058333333333 | 1.70541666666667 | 1.69475 |
| Stout draught - bar 1 pt | 3.811 | 3.985 | 4.09316666666667 | 3.95633333333333 | 3.952 | 3.9955 | 4.18366666666667 | 4.298 | 4.308 | 4.33158333333333 | 4.43233333333333 |
| Petrol unleaded 1 litre | 1.127 | 1.212 | 1.11666666666667 | 1.31425 | 1.494 | 1.63141666666667 | 1.58125 | 1.525 | 1.369 | 1.28058333333333 | 1.36391666666667 |
| Diesel 1 litre | 1.086 | 1.257 | 1.028 | 1.23166666666667 | 1.43 | 1.56233333333333 | 1.50575 | 1.448 | 1.26016666666667 | 1.146 | 1.24991666666667 |
It can be seen from Figure 18.2 that in the ten-year period from 2007 to 2017, the national average price for unleaded petrol increased by 20.4%, peaking in 2012 at €1.63 per litre. Similarly, the corresponding national average price for diesel increased by 14.7%, also peaking in 2012 at €1.56 per litre. In the period 2007 to 2017, the lowest national average price for both unleaded petrol and diesel in Ireland was in 2009 when they cost on average €1.12 and €1.03 per litre respectively.
The average price for an 800g brown sliced pan has decreased from €1.42 in 2007 to €1.39 in 2017, having peaked at €1.72 in 2011.
The average price of the humble potato decreased by 15.9% between 2007 and 2017 when it went from €3.78 to €3.18 for a 2.5 kg bag. Potato prices peaked at €3.83 in 2013 and were at their lowest at €2.95 in 2015.
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
| Roast Beef - topside/rib 1KG | 9.589 | 10.583 | 10.76975 | 10.509 | 11.022 | 11.8384166666667 | 12.8170833333333 | 12.941 | 13.0461083333333 | 13.2943333333333 | 13.2560833333333 |
| Cod Fillets 1KG | 17.758 | 19.456 | 16.7248333333333 | 15.6256666666667 | 16.116 | 16.122 | 15.7075833333333 | 16.099 | 15.9485833333333 | 15.9555 | 15.9983333333333 |
| Cheddar cheese 1 KG | 9.821 | 11.66 | 11.87125 | 11.40225 | 11.573 | 11.1205 | 11.0129166666667 | 10.984 | 10.49625 | 10.28075 | 9.88191666666667 |
| Whiskey - take home bottle 70cl | 24.543 | 25.191 | 25.2598333333333 | 22.6446666666667 | 22.052 | 21.5055833333333 | 23.6253333333333 | 24.845 | 24.92975 | 25.2813333333333 | 24.7455 |
| Gent's dry cut | 12.608 | 13.27 | 12.92475 | 12.7166666666667 | 12.275 | 11.9216666666667 | 11.7656666666667 | 11.846 | 11.8565 | 11.9371666666667 | 12.115 |
| Cigarettes - filtered 20 pk | 6.981 | 7.474 | 8.24625 | 8.41741666666667 | 8.526 | 9.07275 | 9.33025 | 9.631 | 10.0929166666667 | 10.7676666666667 | 11.4313333333333 |
Figure 18.3 shows that the national average price of a 20 pack of cigarettes has steadily increased from €6.98 in 2007 to €11.43 in 2017.
The cost of men's dry haircut has remained relatively stable over the decade, costing €12.61 in 2007 compared to €12.12 in 2017.
| Table 18.1 Industrial Producer Price Indices (excluding VAT) | ||||
| Base: Year 2015 = 100 | ||||
| Industrial sector | NACE Code | 2015 | 2016 | 2017 |
| Food products (10) | 10 | 100.0 | 99.5 | 103.5 |
| Meat and meat products | 101 | 100.0 | 97.6 | 99.8 |
| Fish and fish products | 102 | 100.0 | 110.3 | 115.1 |
| Fruit and vegetables | 103 | 100.0 | 98.9 | 95.1 |
| Vegetable and animal oils and fats | 104 | 100.0 | 100.4 | 95.6 |
| Dairy products | 105 | 100.0 | 98.6 | 119.2 |
| Grain milling, starches and animal feeds | 106,109 | 100.0 | 99.8 | 99.1 |
| Bakery and farinaceous products | 107 | 100.0 | 94.3 | 92.5 |
| Other food products | 108 | 100.0 | 100.2 | 102.6 |
| Beverages | 11 | 100.0 | 101.2 | 96.2 |
| Tobacco products (12) | 12 | # | # | # |
| Textiles | 13 | 100.0 | 100.6 | 100.3 |
| Wearing apparel | 14 | 100.0 | 100.3 | 101.6 |
| Leather and leather products (incl. footwear); dressing and dyeing of fur | 15 | 100.0 | 99.9 | 99.9 |
| Wood and wood products | 16 | 100.0 | 98.7 | 96.4 |
| Pulp, paper and paper products | 17 | 100.0 | 97.3 | 93.6 |
| Printing and reproduction of recorded media | 18 | 100.0 | 97.4 | 95.1 |
| Coke and refined petroleum products (19) | 19 | # | # | # |
| Chemicals and chemical products | 20 | 100.0 | 99.1 | 98.9 |
| Basic pharmaceutical products and pharmaceutical preparations | 21 | # | # | # |
| Rubber and plastic products | 22 | 100.0 | 97.0 | 95.5 |
| Other non-metallic mineral products | 23 | 100.0 | 95.6 | 94.8 |
| Basic metals | 24 | 100.0 | 89.5 | 97.6 |
| Fabricated metal products, except machinery and equipment | 25 | 100.0 | 96.1 | 95.0 |
| Computer, electronic and optical products | 26 | # | # | # |
| Electrical equipment | 27 | 100.0 | 92.6 | 84.8 |
| Machinery and equipment n.e.c. | 28 | # | # | # |
| Motor vehicles, trailers and semi-trailers | 29 | 100.0 | 100.0 | 104.4 |
| Furniture | 31 | 100.0 | 102.4 | 104.5 |
| Other manufacturing | 32 | # | # | # |
| Mining and quarrying | 05 - 09 | 100.0 | 102.6 | 110.5 |
| Total manufacturing industries | 100.0 | 100.4 | 101.2 | |
| Manufacturing industries (home sales) | 100.0 | 100.4 | 99.9 | |
| Manufacturing industries (export sales) | 100.0 | 100.4 | 101.3 | |
| Total transportable goods industries | 100.0 | 100.4 | 101.3 | |
| #Data suppressed for confidentiality reasons | ||||
| Source: CSO | ||||
Interactive table: StatBank link
Table 18.1 shows the index numbers for the Industrial Producer Price Indices and the major sectors of the manufacturing industry for the period 2015 to 2017. The most notable increases were in Dairy products (+19.2%), Fish and fish products (+15.1%) and Furniture (+4.5%). The most notable decreases were in Electrical equipment (-15.2%), Bakery and farinaceous products (-7.5%) and Pulp, paper and paper products (-6.4%). Between 2015 and 2017, the index for Total manufacturing industries increased by 1.2%, while the index for Total transportable goods industries increased by 1.3%.
| Table 18.2 Wholesale Price Indices (excluding VAT) for Building and Construction Materials | |||
| Base: Year 2015 = 100 | |||
| Materials | 2015 | 2016 | 2017 |
| Stone, sand and gravel | 100.0 | 108.5 | 117.3 |
| of which: | |||
| Stone | 100.0 | 107.0 | 114.6 |
| Sand and gravel | 100.0 | 116.0 | 130.6 |
| Cement | 100.0 | 100.0 | 103.3 |
| Ready mixed mortar and concrete | 100.0 | 100.7 | 102.0 |
| Concrete blocks and bricks | 100.0 | 101.3 | 102.3 |
| Other concrete products | 100.0 | 100.3 | 100.3 |
| of which: | |||
| Precast concrete | 100.0 | 101.5 | 106.3 |
| Other concrete products (Excluding precast concrete) | 100.0 | 99.7 | 98.4 |
| Structural steel and reinforcing metal | 100.0 | 102.7 | 108.7 |
| of which: | |||
| Structural steel | 100.0 | 106.0 | 113.4 |
| of which: | |||
| Fabricated metal | 100.0 | 106.8 | 114.9 |
| Other structural steel | 100.0 | 99.5 | 101.5 |
| Reinforcing metal | 100.0 | 97.7 | 101.6 |
| Other steel products | 100.0 | 98.9 | 98.8 |
| Rough timber (including plain sawn) | 100.0 | 100.4 | 102.7 |
| of which: | |||
| Hardwood | 100.0 | 99.1 | 99.8 |
| Other | 100.0 | 100.6 | 103.1 |
| Other timber | 100.0 | 95.3 | 95.3 |
| of which: | |||
| Windows and doors | 100.0 | 100.2 | 101.2 |
| Other | 100.0 | 97.9 | 98.5 |
| Bituminous macadam, asphalt and bituminous emulsions | 100.0 | 103.4 | 104.8 |
| of which: | |||
| Bituminous macadam and asphalt | 100.0 | 103.8 | 105.0 |
| Bituminous emulsions | 100.0 | 92.6 | 97.0 |
| Electrical fittings | 100.0 | 101.6 | 102.8 |
| of which: | |||
| Lighting equipment | 100.0 | 106.7 | 107.5 |
| Protection & communication equipment | 100.0 | 100.1 | 100.8 |
| All other materials | 100.0 | 99.9 | 103.7 |
| of which: | |||
| Plumbing materials incl. sanitary ware | 100.0 | 100.9 | 100.9 |
| HVAC (heating & ventilation equipment) | 100.0 | 100.6 | 101.8 |
| Insulating materials | 100.0 | 101.0 | 101.5 |
| Pipes and fittings | 100.0 | 97.5 | 102.4 |
| of which: | |||
| PVC | 100.0 | 101.2 | 104.1 |
| Copper | 100.0 | 96.3 | 101.8 |
| Plaster | 100.0 | 102.7 | 107.6 |
| Paints, oils and varnishes | 100.0 | 101.2 | 101.9 |
| Glass | 100.0 | 96.3 | 113.3 |
| All other metal fittings | 100.0 | 104.3 | 104.9 |
| All other products | 100.0 | 100.2 | 104.9 |
| All materials | 100.0 | 101.4 | 104.6 |
| Source: CSO | |||
Interactive table: StatBank link
Table 18.2 shows the index numbers for Building and Construction Materials. The most notable increases here were in Sand and gravel (+30.6%), Fabricated metal (+14.9%) and Stone (+14.6%). The most notable decreases were in Other concrete products excluding precast concrete (-1.6%), Other timber excluding windows and doors (-1.5%) and Other steel products (-1.2%). Between 2015 and 2017, the index for All materials increased by 4.6%.
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