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Wholesale Price Index May 2026

Wholesale Prices for All Energy Fuels rose by 37% in the 12 months to May 2026

Online ISSN: 2009-5198

CSO statistical release, 22 June 2026, 11am

Key Findings

All Energy Fuels were down by 7.8% in May 2026 compared with April 2026, and up 37.0% comparing May 2026 with May 2025.
Wholesale electricity prices rose by 10.1% in the month to May 2026 and were 33.1% higher than May 2025.
Domestic producer prices for manufactured goods were on average 3.7% higher in May 2026 compared with May 2025, while producer prices for exported goods were up by 1.2%. Overall, manufacturing producer prices were 1.6% higher in the 12 months to May 2026.
Producer prices for food products increased by 1.3% in the 12 months to May 2026, while the Food Products, Beverages & Tobacco Index was up by 1.0%.
One of the most notable changes in producer prices for food products over the 12 months to May 2026 was Fish & Fish Products (+8.9%).
The most noteworthy changes in other producer prices in the year to May 2026 were: Chemicals & Chemical Products (+11.9%), Fabricated Metal Products, except Machinery & Equipment (+4.8%), Other Non-Metallic Mineral Products (+4.5%), and Basic Metals (+4.2%).
Wholesale prices for Construction Products increased by 1.2% in the month to May 2026 and rose by 3.1% in the 12 months since May 2025.

Statistician's Comment

The Central Statistics Office (CSO) has today (22 June 2026) published the Wholesale Price Index (WPI) for May 2026.

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

“Wholesale price inflation showed an increase in May 2026 with a 0.9% growth in the overall Producer Price Index for manufacturing industries in the month.

The price index for export sales was up by 0.9% since April 2026, while the index for home sales was up by 0.4% in the month.

Producer prices for products sold on the domestic market were 3.7% higher in May 2026 compared with May 2025. In the 12 months to May 2026, export producer prices rose by 1.2%, while overall producer prices were up by 1.6%.

Electricity, Energy Fuels and Food Prices

Wholesale electricity prices rose by 10.1% in May 2026 when compared with April 2026 and were 33.1% higher than May 2025. They have fallen by 62.7% when compared with the peak that occurred in August 2022.

All Energy Fuels were down by 7.8% in the month, largely driven by decreases in Fuel Oil (-9.7%) and Gas Oil (other than autodiesel) (-6.6%). However, All Energy Fuels were up 37.0% since May 2025.

Producer prices for food products increased by 0.7% since April 2026 and rose by 1.3% in the year since May 2025. One of the most notable changes in producer prices for food products over the 12 months to May 2026 was Fish & Fish Products (+8.9%) (See Table 2).

Construction Products

The All Materials Index for Construction Products increased by 1.2% in May 2026 and rose by 3.1% in the 12 months since May 2025. The Building & Construction Index (i.e. Materials and Wages) was up by 0.6% in the month and was 3.2% higher than May 2025 (See Tables 3 and 4).”

Key Figures

Wholesale Price Index- May 2026
	Price index Base Year 2021=100	% monthly change	% annual change
Mar 2026	106.7	3.1%	-0.2%
Apr 2026	106.9	0.2%	1.4%
May 2026	107.9	0.9%	1.6%

Open in Excel: Wholesale Price Index May 2026 Headline Table (XLS 10KB)

Wholesale prices for Construction Products increased by 3.1% over the 12 months to May 2026

Notable annual increases and decreases in Construction Products as shown in Table 3 include:

Bituminous Macadam & Asphalt: (+15.1%)
Copper Pipes & Fittings: (+8.6%)
Ready Mixed Mortar & Concrete: (+8.4%)
Insulating Materials: (+7.2%)
PVC Pipes & Fittings: (+5.4%)
Electrical Fittings: (-5.4%)

The Building & Construction Index (i.e. Materials and Wages) rose by 0.6% in the month to May 2026 and was up by 3.2% in the 12 months to May 2026. This index combines the All Materials Index with a measure of the change of wages in the Construction sector to provide an overall index for input construction costs (See Table 4).

Wholesale electricity prices increased by 33.1% annually

There was a rise of 10.1% in the price of wholesale electricity in May 2026. The price of electricity was 33.1% higher than in May 2025 but was 62.7% lower when compared with the peak that occurred in August 2022.

The price index for All Energy Fuels fell by 7.8% in May 2026 but was up by 37.0% in the year since May 2025. This has been largely driven by increases in Fuel Oil (+47.0% in the year) and Gas Oil (other than autodiesel) (+35.8% in the year).

The overall Energy Products Index has risen by 4.8% since April 2026 and was 34.2% higher when compared with May 2025 (See Figure 3 and Table 5).

Table 1 Manufacturing Industries Output Price Indices (excluding VAT)

Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
Base Year 2021=100
		Manufacturing Industries Output Price Index			Manufacturing Industries Output Price Index (Home Sales)		Manufacturing Industries Output Price Index (Export Sales)
		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
Period		Price Index	% Change on Preceding Period	Annual % change	Price Index	% Change on Preceding Period	Price Index	% Change on Preceding Period
2021	Year	100.0			100.0		100.0
2022	Year	109.0	9.0	9.0	110.7	10.7	108.8	8.8
2023	Year	107.5	-1.4	-1.4	115.1	4.0	106.8	-1.8
2024	Year	108.5	0.9	0.9	115.4	0.3	107.8	0.9
2025	Year	105.3	-2.9	-2.9	116.6	1.0	104.2	-3.3

2021	Quarter 1	98.7			98.2		98.7
	Quarter 2	98.4	-0.3		99.3	1.1	98.4	-0.3
	Quarter 3	100.2	1.8		100.6	1.3	100.2	1.8
	Quarter 4	102.6	2.4		101.9	1.3	102.7	2.5

2022	Quarter 1	103.8	1.2	5.2	104.7	2.7	103.7	1.0
	Quarter 2	108.9	4.9	10.7	109.5	4.6	108.8	4.9
	Quarter 3	112.2	3.0	12.0	113.4	3.6	112.0	2.9
	Quarter 4	111.2	-0.9	8.4	115.2	1.6	110.8	-1.1

2023	Quarter 1	108.6	-2.3	4.6	116.1	0.8	107.8	-2.7
	Quarter 2	106.8	-1.7	-1.9	115.5	-0.5	105.9	-1.8
	Quarter 3	106.8	0.0	-4.8	114.2	-1.1	106.1	0.2
	Quarter 4	108.0	1.1	-2.9	114.4	0.2	107.3	1.1

2024	Quarter 1	109.1	1.0	0.5	115.0	0.5	108.5	1.1
	Quarter 2	108.8	-0.3	1.9	115.3	0.3	108.2	-0.3
	Quarter 3	106.7	-1.9	-0.1	115.4	0.1	105.9	-2.1
	Quarter 4	109.3	2.4	1.2	115.8	0.3	108.6	2.5

2025	Quarter 1	109.0	-0.3	-0.1	116.5	0.6	108.3	-0.3
	Quarter 2	105.2	-3.5	-3.3	116.2	-0.3	104.2	-3.8
	Quarter 3	103.5	-1.6	-3.0	116.8	0.5	102.2	-1.9
	Quarter 4	103.7	0.2	-5.1	117.0	0.2	102.4	0.2

2026	Quarter 1	105.0	1.3	-3.7	118.9	1.6	103.6	1.2

2021	January	97.8			97.3		97.8
	February	99.2	1.4		98.5		99.2
	March	99.1	-0.1		98.7		99.2
	April	98.8	-0.3		98.9		98.8
	May	98.2	-0.6		99.4		98.1
	June	98.3	0.1		99.6		98.2
	July	100.1	1.8		100.4		100.1
	August	100.4	0.3		100.6		100.4
	September	100.2	-0.2		100.7		100.2
	October	101.6	1.4		101.3		101.7
	November	102.6	1.0		101.5		102.7
	December	103.5	0.9		102.9		103.6

2022	January	103.2	-0.3	5.5	103.4	0.5	103.2	-0.4
	February	102.7	-0.5	3.5	104.7	1.3	102.5	-0.7
	March	105.4	2.6	6.4	106.1	1.3	105.4	2.8
	April	106.6	1.1	7.9	108.7	2.5	106.4	0.9
	May	109.9	3.1	11.9	109.5	0.7	110.0	3.4
	June	110.1	0.2	12.0	110.2	0.6	110.1	0.1
	July	112.5	2.2	12.4	112.1	1.7	112.5	2.2
	August	111.2	-1.2	10.8	113.0	0.8	111.0	-1.3
	September	112.8	1.4	12.6	115.1	1.9	112.6	1.4
	October	115.4	2.3	13.6	115.4	0.3	115.4	2.5
	November	109.9	-4.8	7.1	115.1	-0.3	109.4	-5.2
	December	108.2	-1.5	4.5	115.1	0.0	107.5	-1.7

2023	January	108.3	0.1	4.9	116.3	1.0	107.5	0.0
	February	108.3	0.0	5.5	116.4	0.1	107.5	0.0
	March	109.1	0.7	3.5	115.7	-0.6	108.5	0.9
	April	105.8	-3.0	-0.8	115.6	-0.1	104.8	-3.4
	May	107.1	1.2	-2.5	115.5	-0.1	106.2	1.3
	June	107.5	0.4	-2.4	115.4	-0.1	106.7	0.5
	July	104.7	-2.6	-6.9	113.9	-1.3	103.8	-2.7
	August	106.9	2.1	-3.9	114.2	0.3	106.2	2.3
	September	108.8	1.8	-3.5	114.5	0.3	108.3	2.0
	October	109.6	0.7	-5.0	114.5	0.0	109.1	0.7
	November	107.4	-2.0	-2.3	114.2	-0.3	106.7	-2.2
	December	106.9	-0.5	-1.2	114.5	0.3	106.1	-0.6

2024	January	108.2	1.2	-0.1	115.1	0.5	107.6	1.4
	February	110.0	1.7	1.6	115.2	0.1	109.5	1.8
	March	109.0	-0.9	-0.1	114.8	-0.3	108.4	-1.0
	April	109.3	0.3	3.3	115.2	0.3	108.7	0.3
	May	108.1	-1.1	0.9	115.3	0.1	107.4	-1.2
	June	109.1	0.9	1.5	115.5	0.2	108.5	1.0
	July	107.4	-1.6	2.6	115.5	0.0	106.6	-1.8
	August	106.8	-0.6	-0.1	115.4	-0.1	105.9	-0.7
	September	106.0	-0.7	-2.6	115.4	0.0	105.1	-0.8
	October	107.7	1.6	-1.7	115.6	0.2	106.9	1.7
	November	109.7	1.9	2.1	115.6	0.0	109.2	2.2
	December	110.4	0.6	3.3	116.1	0.4	109.8	0.5

2025	January	110.5	0.1	2.1	116.7	0.5	109.9	0.1
	February	109.5	-0.9	-0.5	116.4	-0.3	108.9	-0.9
	March	106.9	-2.4	-1.9	116.3	-0.1	106.0	-2.7
	April	105.4	-1.4	-3.6	116.2	-0.1	104.3	-1.6
	May	106.2	0.8	-1.8	116.3	0.1	105.3	1.0
	June	104.1	-2.0	-4.6	116.1	-0.2	102.9	-2.3
	July	103.6	-0.5	-3.5	116.7	0.5	102.4	-0.5
	August	103.6	0.0	-3.0	116.8	0.1	102.3	-0.1
	September	103.2	-0.4	-2.6	116.8	0.0	101.8	-0.5
	October	103.9	0.7	-3.5	117.0	0.2	102.6	0.8
	November	103.9	0.0	-5.3	116.9	-0.1	102.6	0.0
	December	103.3	-0.6	-6.4	117.0	0.1	101.9	-0.7

2026	January	104.7	1.4	-5.2	117.4	0.3	103.4	1.5
	February	103.5	-1.1	-5.5	119.0	1.4	102.0	-1.4
	March	106.7	3.1	-0.2	120.4	1.2	105.4	3.3
	April	106.9	0.2	1.4	120.1	-0.2	105.6	0.2
	May	107.9	0.9	1.6	120.6	0.4	106.6	0.9

Open in Excel: Wholesale Price Index May 2026 Table 1 (XLS 22KB)

Table 2 Industrial Producer Price Indices (excluding VAT)

Table 2 Industrial Producer Price Indices (excluding VAT)
Base Year 2021=100
Industrial Sector		NACE code¹	Index		Monthly % Change			Annual % Change
			Apr 2026	May 2026	Mar 2026	Apr 2026	May 2026	May 2026
			Apr 2026	May 2026	Mar 2026	Apr 2026	May 2026	May 2026
Food Products		10	119.8	120.6	1.0	1.8	0.7	1.3
	Meat and meat products	101	135.2	136.6	0.3	-0.4	1.0	-1.3
	Fish and fish products	102	138.2	138.5	0.0	2.4	0.2	8.9
	Fruit and vegetables	103	100.5	100.5	0.0	0.0	0.0	0.0
	Vegetable and animal oils and fats	104	78.1	78.1	0.0	0.0	0.0	0.0
	Dairy products	105	124.3	124.3	0.0	0.0	0.0	-0.6
	Grain milling, starches and animal feeds	106,109	112.5	112.5	0.0	0.5	0.0	0.3
	Bakery and farinaceous products	107	113.8	113.8	0.1	-0.1	0.0	0.0
	Other food products	108	113.2	114.0	2.1	3.6	0.7	3.1
Beverages		11	112.3	112.2	1.0	-0.8	-0.1	-2.3
Tobacco		12	..	..	..	..	..	..
Textiles		13	108.3	108.4	0.1	-0.1	0.1	-0.7
Wearing apparel		14	107.3	107.4	-0.6	-0.1	0.1	-0.6
Leather and leather products (incl. footwear); dressing and dyeing of fur		15	112.9	112.8	0.2	-0.2	-0.1	-1.0
Wood and wood products		16	117.3	117.7	0.3	-2.3	0.3	-1.0
Pulp, paper and paper products		17	111.6	111.2	0.7	0.7	-0.4	3.4
Printing and reproduction of recorded media		18	104.8	105.0	0.0	0.0	0.2	2.9
Coke and refined petroleum products		19	..	..	..	..	..	..
Chemicals and chemical products		20	132.0	132.1	0.1	7.8	0.1	11.9
Basic pharmaceutical products and pharmaceutical preparations		21	..	..	..	..	..	..
Rubber and plastic products		22	113.4	113.6	-0.5	0.4	0.2	-0.7
Other non-metallic mineral products		23	130.4	131.9	0.5	0.5	1.2	4.5
Basic metals		24	114.5	120.5	0.8	0.9	5.2	4.2
Fabricated metal products, except machinery and equipment		25	131.0	131.0	1.2	0.2	0.0	4.8
Computer, electronic and optical products		26	..	..	..	..	..	..
Electrical equipment		27	118.1	118.2	0.2	-0.3	0.1	-1.7
Machinery and equipment n.e.c.		28	..	..	..	..	..	..
Motor vehicles, trailers and semi-trailers		29	104.7	104.7	0.2	0.0	0.0	1.5
Other transport equipment		30	100.0	100.0	0.0	0.0	0.0	0.0
Furniture		31	118.5	118.5	0.0	-0.6	0.0	0.9
Other Manufacturing		32	..	..	..	..	..	..
Repair and installation of machinery and equipment		33	..	..	..	..	..	..
Mining and quarrying		05-09	103.0	104.2	2.5	0.4	1.2	2.6

Total transportable goods industries			106.9	107.8	3.1	0.2	0.8	1.5

Food products, Beverages and Tobacco Products		10-12	118.9	119.6	1.0	1.5	0.6	1.0
Manufacturing industries excluding Food Products			105.5	106.5	3.4	-0.1	0.9	1.5
Manufacturing industries excluding Food Products, Beverages and Tobacco Products			105.4	106.4	3.4	-0.1	0.9	1.5
Intermediate goods industries (except energy)			..	..	..	..	..	..
Capital goods industries			..	..	..	..	..	..
Durable consumer goods industries			..	..	..	..	..	..
Non-durable consumer goods industries			..	..	..	..	..	..

Manufacturing industries (home sales)²			120.1	120.6	1.2	-0.2	0.4	3.7
Manufacturing industries (export sales)²			105.6	106.6	3.3	0.2	0.9	1.2
Total manufacturing industries²			106.9	107.9	3.1	0.2	0.9	1.6
¹ Nace Rev. 2 Statistical classification of economic activities in the European Community.
² Excludes Mining and quarrying.
.. Data suppressed for confidentiality reasons.

Open in Excel: Wholesale Price Index May 2026 Table 2 (XLS 13KB)

Visit Table WPM35 on PxStat

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 2021=100
Materials			Index		Monthly % Change			Annual % Change
			Apr 2026	May 2026	Mar 2026	Apr 2026	May 2026	May 2026
			Apr 2026	May 2026	Mar 2026	Apr 2026	May 2026	May 2026
Stone, sand and gravel			137.7	138.4	1.0	0.8	0.5	4.0
	Stone		135.9	136.7	1.0	0.7	0.6	4.0
	Sand and gravel		146.6	147.0	0.9	1.3	0.3	3.9
Cement			150.6	150.6	0.0	-3.2	0.0	-0.5
Ready mixed mortar and concrete			159.7	161.9	1.9	0.7	1.4	8.4
Concrete blocks and bricks			136.1	137.8	-0.1	1.6	1.2	2.1
Other concrete products including precast¹			146.9	146.9	0.0	0.5	0.0	1.0
Structural steel and reinforcing metal			131.7	132.0	0.0	0.2	0.2	2.5
	Structural steel		174.4	175.1	0.0	0.1	0.4	1.8
		Structural steel fabricated metal	181.6	182.4	0.0	0.0	0.4	1.6
		Other Structural steel	118.6	118.6	0.0	1.8	0.0	4.9
	Reinforcing metal		80.9	80.9	0.1	0.1	0.0	4.5
	Other steel products		128.6	128.9	0.0	0.5	0.2	5.1
Rough timber (including plain sawn)			90.5	90.6	0.0	-1.5	0.1	1.8
	Rough timber (hardwood)		111.4	111.4	0.0	0.0	0.0	4.6
	Rough timber (softwood)		88.1	88.3	0.0	-1.8	0.2	1.4
Machined, treated engineered timber			142.9	142.9	0.0	-0.6	0.0	2.9
	Wooden windows and doors		141.4	141.4	0.0	0.0	0.0	2.5
	Other treated timber		144.6	144.6	0.0	-1.0	0.0	3.4
Bituminous macadam, asphalt and bituminous emulsions			135.3	140.5	0.6	7.0	3.8	14.6
	Bituminous macadam and asphalt		135.9	141.4	0.7	6.8	4.0	15.1
	Bituminous emulsions		118.3	119.8	-1.7	7.1	1.3	0.8
Electrical fittings			103.6	104.4	-2.9	-0.5	0.8	-5.4
	Lighting equipment		100.0	96.7	0.0	0.0	-3.3	-3.3
	Protection & communication equipment		123.1	122.7	0.2	0.2	-0.3	-1.4
All other materials			128.1	130.8	0.2	0.8	2.1	5.1
	Plumbing materials incl. sanitary ware		126.2	126.2	0.3	0.1	0.0	-0.8
	HVAC (heating & ventilation equipment)		112.1	112.0	0.7	0.7	-0.1	-1.1
	Insulating materials		129.6	135.5	0.0	2.5	4.6	7.2
	Pipes and fittings		148.1	149.5	0.3	1.4	0.9	7.9
		PVC pipes and fittings	138.6	143.4	0.0	1.8	3.5	5.4
		Copper pipes and fittings	151.1	151.5	0.4	1.2	0.3	8.6
	Plaster		144.8	146.6	-0.6	-0.2	1.2	1.9
	Paints, oils and varnishes		136.8	140.2	1.1	0.4	2.5	4.8
	Glass		116.0	116.0	0.0	0.0	0.0	4.0
	All other metal fittings		107.0	105.7	0.0	0.0	-1.2	-1.2
	All other products		121.3	124.9	0.2	0.4	3.0	5.2
All materials			129.6	131.2	0.1	0.4	1.2	3.1
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.

Open in Excel: Wholesale Price Index May 2026 Table 3 (XLS 12KB)

Visit Table WPM39 on PxStat

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 5 Wholesale Price Indices (excluding VAT) for Energy Products (i.e. Fuels purchased by Manufacturing Industry)

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Wholesale Price Index May 2026