| Price index (Year ‘10=100) | % monthly change | % annual change | |
| Oct 2016 | 105.6 | 0.9% | 1.6% |
| Nov 2016 | 106.6 | 0.9% | -0.3% |
| Dec 2016 | 107.1 | 0.5% | 1.3% |
Monthly factory gate prices increased by 0.5% in December 2016. This compares to a decrease of 1.1% for December of last year. The annual percentage change showed an increase of 1.3% in December 2016, compared with a decrease of 0.3% in the year to November 2016. See graph across and table 1.
In the month, the price index for export sales increased by 0.7%, while the index for home sales decreased by 0.6%. In the year there was an increase of 1.5% in the price index for export sales (this can be influenced by currency fluctuations) and an increase of 0.5% in respect of the price index for home sales. See table 2 and Figure 2.
In the month, the most significant changes were increases in Meat and meat products (+2.2%), Computer, electronic and optical products (+2.1%) and Other food products including bread and confectionery (+0.5%). See tables 2 and 2A.
Contributing to the annual change were increases in Dairy products (+6.4%), Computer, electronic and optical products (+5.6%) and Other manufacturing including medical and dental instruments and supplies (+4.6%) while there were decreases in Printing and reproduction of recorded media (-8.3%), Grain milling, starches and animal feeds (-4.5%) and Wood and wood products (-4.3%). See tables 2 and 2A.
The yearly price index for Mining and quarrying increased by 16.5% while the monthly index increased by 3.8%. See table 2.
Building and Construction All materials prices increased by 2.0% in the year since December 2015. The most notable yearly changes were increases in Sand and gravel (+22.4%), Stone (+9.1%) and Fabricated metal (+6.7%) while there were decreases in Hardwood (-7.3%), Glass (-4.1%) and Other concrete products excluding precast concrete (-2.0%). Building and Construction All materials prices showed no change in the month. See table 3.
Year on year, the price of Capital goods increased by 1.0%, while the monthly showed no change. See table 4.
The price of Energy products increased by 13.5% in the year since December 2015, while Petroleum fuels increased by 15.5%. In December 2016, the monthly price index for Energy products increased by 1.5%, while Petroleum fuels increased by 6.7%. See table 5.
| Table 1 Manufacturing Industries Output Price Indices (excluding VAT) | ||||||||||
| Base: Year 2010 as 100 | ||||||||||
| 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 | |||
| 2010 | Year | 100.0 | - | - | 100.0 | - | 100.0 | - | ||
| 2011 | Year | 100.5 | 0.5 | 0.5 | 106.2 | 6.2 | 99.6 | -0.4 | ||
| 2012 | Year | 102.4 | 1.9 | 1.9 | 109.2 | 2.8 | 101.3 | 1.7 | ||
| 2013 | Year | 102.0 | -0.4 | -0.4 | 110.7 | 1.4 | 100.6 | -0.7 | ||
| 2014 | Year | 100.7 | -1.3 | -1.3 | 110.1 | -0.5 | 99.2 | -1.4 | ||
| 2015 | Year | 106.1 | 5.4 | 5.4 | 105.3 | -4.4 | 106.2 | 7.1 | ||
| 2016 | Year | 105.4 | -0.7 | -0.7 | 102.7 | -2.5 | 105.8 | -0.4 | ||
| 2013 | Quarter 1 | 101.9 | -0.3 | -0.5 | 109.9 | 0.4 | 100.6 | -0.4 | ||
| Quarter 2 | 102.5 | 0.6 | 0.7 | 110.6 | 0.6 | 101.3 | 0.7 | |||
| Quarter 3 | 102.4 | -0.1 | -0.6 | 111.5 | 0.8 | 101.0 | -0.3 | |||
| Quarter 4 | 101.1 | -1.3 | -1.1 | 110.8 | -0.6 | 99.6 | -1.4 | |||
| 2014 | Quarter 1 | 99.8 | -1.3 | -2.1 | 110.4 | -0.4 | 98.1 | -1.5 | ||
| Quarter 2 | 100.0 | 0.2 | -2.4 | 110.6 | 0.2 | 98.3 | 0.2 | |||
| Quarter 3 | 100.7 | 0.7 | -1.7 | 110.7 | 0.1 | 99.1 | 0.8 | |||
| Quarter 4 | 102.2 | 1.5 | 1.1 | 108.9 | -1.6 | 101.1 | 2.0 | |||
| 2015 | Quarter 1 | 106.0 | 3.7 | 6.2 | 105.0 | -3.6 | 106.2 | 5.0 | ||
| Quarter 2 | 107.2 | 1.1 | 7.2 | 106.3 | 1.2 | 107.3 | 1.0 | |||
| Quarter 3 | 105.8 | -1.3 | 5.1 | 106.5 | 0.2 | 105.7 | -1.5 | |||
| Quarter 4 | 105.5 | -0.3 | 3.2 | 103.5 | -2.8 | 105.8 | 0.1 | |||
| 2016 | Quarter 1 | 105.2 | -0.3 | -0.8 | 101.0 | -2.4 | 105.8 | 0.0 | ||
| Quarter 2 | 104.8 | -0.4 | -2.2 | 102.8 | 1.8 | 105.1 | -0.7 | |||
| Quarter 3 | 105.0 | 0.2 | -0.8 | 103.1 | 0.3 | 105.3 | 0.2 | |||
| Quarter 4 | 106.4 | 1.3 | 0.9 | 103.8 | 0.7 | 106.8 | 1.4 | |||
| 2013 | January | 101.6 | -0.3 | -1.2 | 108.6 | -0.6 | 100.5 | -0.2 | ||
| February | 101.6 | 0.0 | -0.6 | 109.6 | 0.9 | 100.3 | -0.2 | |||
| March | 102.5 | 0.9 | 0.2 | 111.4 | 1.6 | 101.1 | 0.8 | |||
| April | 102.6 | 0.1 | 1.3 | 110.9 | -0.4 | 101.3 | 0.2 | |||
| May | 103.1 | 0.5 | 1.2 | 110.4 | -0.5 | 101.9 | 0.6 | |||
| June | 101.9 | -1.2 | -0.3 | 110.5 | 0.1 | 100.6 | -1.3 | |||
| July | 102.6 | 0.7 | -0.9 | 110.7 | 0.2 | 101.3 | 0.7 | |||
| August | 102.4 | -0.2 | -1.4 | 112.2 | 1.4 | 100.9 | -0.4 | |||
| September | 102.2 | -0.2 | 0.5 | 111.5 | -0.6 | 100.7 | -0.2 | |||
| October | 101.8 | -0.4 | -0.1 | 110.9 | -0.5 | 100.3 | -0.4 | |||
| November | 101.8 | 0.0 | -0.9 | 110.8 | -0.1 | 100.4 | 0.1 | |||
| December | 99.7 | -2.1 | -2.2 | 110.6 | -0.2 | 98.0 | -2.4 | |||
| 2014 | January | 100.1 | 0.4 | -1.5 | 110.6 | 0.0 | 98.4 | 0.4 | ||
| February | 99.9 | -0.2 | -1.7 | 110.4 | -0.2 | 98.3 | -0.1 | |||
| March | 99.3 | -0.6 | -3.1 | 110.2 | -0.2 | 97.5 | -0.8 | |||
| April | 99.8 | 0.5 | -2.7 | 110.2 | 0.0 | 98.2 | 0.7 | |||
| May | 99.9 | 0.1 | -3.1 | 110.7 | 0.5 | 98.2 | 0.0 | |||
| June | 100.2 | 0.3 | -1.7 | 110.8 | 0.1 | 98.5 | 0.3 | |||
| July | 100.1 | -0.1 | -2.4 | 110.9 | 0.1 | 98.4 | -0.1 | |||
| August | 100.4 | 0.3 | -2.0 | 110.6 | -0.3 | 98.8 | 0.4 | |||
| September | 101.6 | 1.2 | -0.6 | 110.5 | -0.1 | 100.2 | 1.4 | |||
| October | 102.1 | 0.5 | 0.3 | 110.4 | -0.1 | 100.8 | 0.6 | |||
| November | 102.4 | 0.3 | 0.6 | 108.7 | -1.5 | 101.4 | 0.6 | |||
| December | 102.0 | -0.4 | 2.3 | 107.5 | -1.1 | 101.1 | -0.3 | |||
| 2015 | January | 104.2 | 2.2 | 4.1 | 104.7 | -2.6 | 104.1 | 3.0 | ||
| February | 105.1 | 0.9 | 5.2 | 103.7 | -1.0 | 105.4 | 1.2 | |||
| March | 108.7 | 3.4 | 9.5 | 106.6 | 2.8 | 109.1 | 3.5 | |||
| April | 108.8 | 0.1 | 9.0 | 106.4 | -0.2 | 109.2 | 0.1 | |||
| May | 106.2 | -2.4 | 6.3 | 106.1 | -0.3 | 106.2 | -2.7 | |||
| June | 106.5 | 0.3 | 6.3 | 106.4 | 0.3 | 106.5 | 0.3 | |||
| July | 106.9 | 0.4 | 6.8 | 107.8 | 1.3 | 106.7 | 0.2 | |||
| August | 105.8 | -1.0 | 5.4 | 106.8 | -0.9 | 105.7 | -0.9 | |||
| September | 104.6 | -1.1 | 3.0 | 104.8 | -1.9 | 104.6 | -1.0 | |||
| October | 103.9 | -0.7 | 1.8 | 103.4 | -1.3 | 104.0 | -0.6 | |||
| November | 106.9 | 2.9 | 4.4 | 103.7 | 0.3 | 107.3 | 3.2 | |||
| December | 105.7 | -1.1 | 3.6 | 103.4 | -0.3 | 106.0 | -1.2 | |||
| 2016 | January | 105.6 | -0.1 | 1.3 | 102.0 | -1.4 | 106.2 | 0.2 | ||
| February | 104.8 | -0.8 | -0.3 | 100.5 | -1.5 | 105.5 | -0.7 | |||
| March | 105.1 | 0.3 | -3.3 | 100.6 | 0.1 | 105.8 | 0.3 | |||
| April | 104.7 | -0.4 | -3.8 | 102.0 | 1.4 | 105.1 | -0.7 | |||
| May | 104.5 | -0.2 | -1.6 | 102.7 | 0.7 | 104.8 | -0.3 | |||
| June | 105.1 | 0.6 | -1.3 | 103.7 | 1.0 | 105.3 | 0.5 | |||
| July | 105.5 | 0.4 | -1.3 | 103.8 | 0.1 | 105.7 | 0.4 | |||
| August | 104.9 | -0.6 | -0.9 | 102.7 | -1.1 | 105.3 | -0.4 | |||
| September | 104.7 | -0.2 | 0.1 | 102.7 | 0.0 | 105.0 | -0.3 | |||
| October | 105.6 | 0.9 | 1.6 | 103.0 | 0.3 | 106.0 | 1.0 | |||
| November | 106.6 | 0.9 | -0.3 | 104.5 | 1.5 | 106.9 | 0.8 | |||
| December | 107.1 | 0.5 | 1.3 | 103.9 | -0.6 | 107.6 | 0.7 | |||
| Table 2 Industrial Producer Price Indices (excluding VAT) | ||||||||||
| Base: Year 2010 as 100 | ||||||||||
| NACE code1 | Index | Monthly % Change | Annual % Change | |||||||
| Nov 2016 | Dec 2016 | Year 2016 | Nov 2016 | Dec 2016 | Dec 2016 | Year3 2016 | ||||
| Food Products | 10 | 110.3 | 111.3 | 110.1 | 0.5 | 0.9 | 1.4 | -0.9 | ||
| Meat and meat products | 101 | 117.6 | 120.2 | 119.2 | 0.1 | 2.2 | 0.1 | -1.7 | ||
| Fish and fish products | 102 | 135.4 | 138.2 | 127.8 | 3.4 | 2.1 | 4.5 | 6.7 | ||
| Fruit and vegetables | 103 | 101.8 | 101.8 | 101.8 | 0.0 | 0.0 | 0.0 | -1.2 | ||
| Vegetable and animal oils and fats | 104 | 111.1 | 111.3 | 108.8 | 1.9 | 0.2 | 2.2 | 0.1 | ||
| Dairy products | 105 | 106.5 | 107.0 | 102.1 | 1.4 | 0.5 | 6.4 | -3.0 | ||
| Grain milling, starches and animal feeds | 106,109 | 111.8 | 112.3 | 113.6 | 0.7 | 0.4 | -4.5 | -3.3 | ||
| Bakery and farinaceous products | 107 | 100.2 | 100.4 | 100.1 | 0.1 | 0.2 | 0.4 | -0.8 | ||
| Other food products | 108 | 107.9 | 108.4 | 108.2 | 0.1 | 0.5 | 1.2 | 0.1 | ||
| Beverages | 11 | 107.9 | 108.2 | 108.2 | 0.3 | 0.3 | -0.6 | 0.3 | ||
| Textiles | 13 | 103.0 | 103.1 | 103.2 | 0.2 | 0.1 | -0.2 | -0.1 | ||
| Wearing apparel | 14 | 104.6 | 105.0 | 105.2 | 0.3 | 0.4 | -1.2 | -0.9 | ||
| Leather and leather products (incl. footwear); dressing and dyeing of fur | 15 | 106.2 | 106.3 | 106.4 | 0.1 | 0.1 | -0.5 | -0.4 | ||
| Wood and wood products | 16 | 119.9 | 121.3 | 120.1 | 1.0 | 1.2 | -4.3 | -1.4 | ||
| Pulp, paper and paper products | 17 | 99.7 | 100.3 | 100.5 | 0.7 | 0.6 | -2.5 | -2.9 | ||
| Printing and reproduction of recorded media | 18 | 108.8 | 110.9 | 112.5 | 2.1 | 1.9 | -8.3 | -6.6 | ||
| Chemicals and chemical products | 20 | 104.2 | 104.3 | 103.6 | 0.5 | 0.1 | -1.2 | -2.0 | ||
| Basic pharmaceutical products and pharmaceutical preparations | 21 | 98.0 | 98.0 | 96.3 | 1.3 | 0.0 | 0.5 | -1.1 | ||
| Rubber and plastic products | 22 | 102.5 | 102.7 | 103.4 | 0.3 | 0.2 | -2.2 | -1.2 | ||
| Other non-metallic mineral products | 23 | 103.8 | 103.9 | 103.4 | 0.5 | 0.1 | -0.3 | -1.3 | ||
| Basic metals | 24 | 107.5 | 111.4 | 103.6 | 2.6 | 3.6 | -2.2 | -12.4 | ||
| Fabricated metal products, except machinery and equipment | 25 | 106.8 | 107.4 | 107.0 | 0.6 | 0.6 | -0.9 | -0.6 | ||
| Computer, electronic and optical products | 26 | 130.9 | 133.7 | 127.8 | 1.4 | 2.1 | 5.6 | 1.3 | ||
| Electrical equipment | 27 | 105.3 | 106.1 | 106.7 | 0.8 | 0.8 | -3.4 | -2.5 | ||
| Machinery and equipment n.e.c. | 28 | 110.8 | 111.9 | 110.6 | 0.9 | 1.0 | 0.7 | 0.1 | ||
| Motor vehicles, trailers and semi-trailers | 29 | 94.9 | 95.7 | 94.5 | 0.4 | 0.8 | 1.1 | 0.0 | ||
| Furniture | 31 | 106.7 | 107.4 | 107.9 | 0.7 | 0.7 | -1.1 | 1.6 | ||
| Other Manufacturing | 32 | 110.6 | 110.7 | 112.1 | -2.0 | 0.1 | 4.6 | 6.4 | ||
| Mining and quarrying | 05-09 | 124.8 | 129.5 | 115.9 | 5.2 | 3.8 | 16.5 | -2.5 | ||
| Total transportable goods industries | 106.8 | 107.3 | 105.5 | 1.0 | 0.5 | 1.5 | -0.7 | |||
| Food products, Beverages and Tobacco Products | 10-12 | 110.3 | 111.2 | 110.1 | 0.4 | 0.8 | 1.1 | -0.8 | ||
| Manufacturing industries excluding Food Products | 105.6 | 106.0 | 104.1 | 1.1 | 0.4 | 1.3 | -0.7 | |||
| Manufacturing industries excluding Food Products, Beverages and Tobacco Products | 105.5 | 105.8 | 103.9 | 1.2 | 0.3 | 1.3 | -0.8 | |||
| Intermediate goods industries (except energy) | 109.4 | 110.3 | 109.0 | 0.8 | 0.8 | 0.2 | -1.5 | |||
| Capital goods industries | 121.5 | 123.3 | 120.3 | 0.2 | 1.5 | 5.4 | 3.3 | |||
| Durable consumer goods industries | 107.1 | 107.5 | 108.2 | -0.4 | 0.4 | 0.8 | 2.5 | |||
| Non-durable consumer goods industries | 102.4 | 102.8 | 101.3 | 1.0 | 0.4 | 0.6 | -1.2 | |||
| Manufacturing industries (home sales)2 | 104.5 | 103.9 | 102.7 | 1.5 | -0.6 | 0.5 | -2.5 | |||
| Manufacturing industries (export sales)2 | 106.9 | 107.6 | 105.8 | 0.8 | 0.7 | 1.5 | -0.4 | |||
| Total manufacturing industries2 | 106.6 | 107.1 | 105.4 | 0.9 | 0.5 | 1.3 | -0.7 | |||
| 1 Nace Rev. 2 Statistical classification of economic activities in the European Community. | ||||||||||
| 2 Excludes Mining and quarrying. | ||||||||||
| 3 Annual average for 2016 relative to the annual average for 2015. | ||||||||||
| Table 2A Contribution to changes in the Manufacturing Output Price Index, December 2016 (Table 2) | |||||||
| Industrial sector | NACE code 1 | Contribution to overall % change2 | |||||
| One month | Twelve months | ||||||
| Food Products | 10 | 0.20 | 0.32 | ||||
| Meat and meat products | 101 | 0.12 | 0.00 | ||||
| Fish and fish products | 102 | 0.01 | 0.02 | ||||
| Fruit and vegetables | 103 | 0.00 | 0.00 | ||||
| Vegetable and animal oils and fats | 104 | 0.00 | 0.00 | ||||
| Dairy products | 105 | 0.01 | 0.21 | ||||
| Grain milling, starches and animal feeds | 106,109 | 0.01 | -0.07 | ||||
| Bakery and farinaceous products | 107 | 0.00 | 0.00 | ||||
| Other food products | 108 | 0.05 | 0.14 | ||||
| Beverages | 11 | 0.01 | -0.02 | ||||
| Tobacco Products | 12 | 0.00 | 0.00 | ||||
| Textiles | 13 | 0.00 | 0.00 | ||||
| Wearing apparel | 14 | 0.00 | 0.00 | ||||
| Leather and leather products (incl. footwear); dressing and dyeing of fur | 15 | 0.00 | 0.00 | ||||
| Wood and wood products | 16 | 0.01 | -0.04 | ||||
| Pulp, paper and paper products | 17 | 0.00 | -0.01 | ||||
| Printing and reproduction of recorded media | 18 | 0.03 | -0.14 | ||||
| Coke and refined petroleum products | 19 | -0.16 | 0.07 | ||||
| Chemicals and chemical products | 20 | 0.00 | -0.03 | ||||
| Basic pharmaceutical products and pharmaceutical preparations | 21 | 0.00 | 0.16 | ||||
| Rubber and plastic products | 22 | 0.00 | -0.03 | ||||
| Other non-metallic mineral products | 23 | 0.00 | 0.00 | ||||
| Basic metals | 24 | 0.03 | -0.02 | ||||
| Fabricated metal products, except Machinery and equipment | 25 | 0.01 | -0.01 | ||||
| Computer, electronic and optical products | 26 | 0.30 | 0.77 | ||||
| Electrical equipment | 27 | 0.01 | -0.03 | ||||
| Machinery and Equipment n.e.c. | 28 | 0.02 | 0.02 | ||||
| Motor vehicles, trailers and semi-trailers | 29 | 0.00 | 0.01 | ||||
| Other transport equipment | 30 | 0.00 | 0.00 | ||||
| Furniture | 31 | 0.00 | 0.00 | ||||
| Other Manufacturing | 32 | 0.01 | 0.41 | ||||
| Repair and Installation of machinery and equipment | 33 | 0.00 | 0.00 | ||||
| Mining and quarrying | 05-09 | 0.05 | 0.20 | ||||
| 1 Nace Rev. 2 Statistical classification of economic activities in the European Community. | |||||||
| 2 See Background Notes. | |||||||
| Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials | |||||||||
| Base: Year 2010 as 100 | |||||||||
| Materials | Index | Monthly % Change | Annual % Change | ||||||
| Nov 2016 | Dec 2016 | Year 2016 | Nov 2016 | Dec 2016 | Dec 2016 | Year1 2016 | |||
| Stone, sand and gravel | 150.2 | 148.1 | 143.9 | -0.6 | -1.4 | 11.4 | 8.4 | ||
| Stone | 144.2 | 142.5 | 140.3 | -1.3 | -1.2 | 9.1 | 7.0 | ||
| Sand and gravel | 182.5 | 178.0 | 163.6 | 2.7 | -2.5 | 22.4 | 15.9 | ||
| Cement | 100.6 | 100.6 | 100.6 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| Ready mixed mortar and concrete | 104.0 | 103.8 | 102.2 | 2.0 | -0.2 | 1.5 | 0.8 | ||
| Concrete blocks and bricks | 111.3 | 110.5 | 109.7 | 0.7 | -0.7 | 1.9 | 1.2 | ||
| Other concrete products | 100.3 | 100.3 | 100.6 | 0.0 | 0.0 | -0.7 | 0.3 | ||
| Precast concrete | 95.2 | 95.2 | 94.5 | 0.0 | 0.0 | 1.1 | 1.5 | ||
| Other concrete products (Excluding precast concrete) | 99.9 | 99.9 | 100.9 | 0.0 | 0.0 | -2.0 | -0.4 | ||
| Structural steel and reinforcing metal | 107.6 | 107.8 | 106.7 | -0.2 | 0.2 | 3.4 | 2.7 | ||
| Structural steel | 109.7 | 109.7 | 108.0 | 0.0 | 0.0 | 5.9 | 6.0 | ||
| Fabricated metal | 111.7 | 111.7 | 109.8 | 0.0 | 0.0 | 6.7 | 6.9 | ||
| Other Structural steel | 94.8 | 94.8 | 95.1 | 0.0 | 0.0 | -0.4 | -0.4 | ||
| Reinforcing metal | 104.3 | 104.8 | 104.6 | -0.4 | 0.5 | -0.5 | -2.3 | ||
| Other steel products | 102.6 | 102.6 | 102.7 | 0.2 | 0.0 | -1.5 | -1.1 | ||
| Rough timber (including plain sawn) | 110.4 | 110.4 | 111.3 | -1.5 | 0.0 | -0.5 | 0.4 | ||
| Hardwood | 135.0 | 135.0 | 143.8 | -7.3 | 0.0 | -7.3 | -1.0 | ||
| Other | 108.1 | 108.1 | 108.3 | -0.8 | 0.0 | 0.3 | 0.6 | ||
| Other timber | 99.3 | 99.3 | 99.3 | 0.0 | 0.0 | 0.1 | -2.1 | ||
| Windows and doors | 100.5 | 100.5 | 100.5 | 0.0 | 0.0 | 0.1 | 0.2 | ||
| Other | 97.8 | 97.8 | 97.8 | 0.0 | 0.0 | 0.0 | -4.8 | ||
| Bituminous macadam, asphalt and bituminous emulsions | 148.6 | 156.3 | 153.2 | -2.4 | 5.2 | 3.5 | 3.4 | ||
| Bituminous macadam and asphalt | 151.4 | 159.5 | 156.4 | -2.5 | 5.4 | 3.6 | 3.8 | ||
| Bituminous emulsions | 91.7 | 91.2 | 89.3 | 1.3 | -0.5 | 0.0 | -7.4 | ||
| Electrical fittings | 109.2 | 109.1 | 108.6 | 0.2 | -0.1 | 1.4 | 1.6 | ||
| Lighting equipment | 116.6 | 116.6 | 115.8 | 0.0 | 0.0 | 6.6 | 6.7 | ||
| Protection & communication equipment | 97.6 | 97.2 | 96.9 | 0.8 | -0.4 | 0.4 | 0.1 | ||
| All other materials | 111.3 | 111.8 | 110.5 | 0.4 | 0.4 | 0.6 | -0.1 | ||
| Plumbing materials incl. sanitary ware | 102.7 | 102.7 | 102.7 | 0.0 | 0.0 | 0.6 | 1.0 | ||
| HVAC (heating & ventilation equipment) | 100.2 | 100.2 | 100.1 | 0.0 | 0.0 | 0.1 | 0.6 | ||
| Insulating materials | 123.9 | 123.9 | 123.5 | 0.6 | 0.0 | 1.1 | 1.1 | ||
| Pipes and fittings | 118.9 | 121.3 | 118.0 | 0.7 | 2.0 | 0.4 | -2.6 | ||
| PVC | 108.0 | 108.0 | 107.5 | 0.7 | 0.0 | 1.3 | 1.2 | ||
| Copper | 123.0 | 126.4 | 122.1 | 0.6 | 2.8 | 0.2 | -3.7 | ||
| Plaster | 109.9 | 110.1 | 108.9 | -0.2 | 0.2 | 2.7 | 2.6 | ||
| Paints, oils and varnishes | 104.8 | 104.8 | 105.1 | 0.0 | 0.0 | 0.0 | 1.2 | ||
| Glass | 123.1 | 123.1 | 123.5 | 0.0 | 0.0 | -4.1 | -3.7 | ||
| All other metal fittings | 105.0 | 105.0 | 105.2 | -0.2 | 0.0 | -0.2 | 4.3 | ||
| All other products | 109.8 | 109.9 | 108.7 | 0.4 | 0.1 | 0.7 | 0.2 | ||
| All materials | 111.5 | 111.5 | 110.4 | 0.3 | 0.0 | 2.0 | 1.4 | ||
| 1 Annual average for 2016 relative to the annual average for 2015. | |||||||||
| Table 4 Capital Goods Price Indices (excluding VAT) | |||||||||
| Base: Year 2010 as 100 | |||||||||
| Capital goods | Index | Monthly % Change | Annual % Change | ||||||
| Nov 2016 | Dec 2016 | Year 2016 | Nov 2016 | Dec 2016 | Dec 2016 | Year2 2016 | |||
| Transportable capital for use in | |||||||||
| Agriculture | 111.5 | 111.5 | 111.4 | 0.1 | 0.0 | 0.2 | 0.7 | ||
| Industry | 104.4 | 104.5 | 104.1 | 0.2 | 0.1 | 0.9 | 1.1 | ||
| of which: | |||||||||
| Private vehicles1 | 102.6 | 102.6 | 102.2 | 0.5 | 0.0 | 0.7 | 0.6 | ||
| Commercial vehicles | 101.1 | 101.1 | 100.6 | 0.6 | 0.0 | 0.7 | 0.2 | ||
| Agriculture and industry | 105.6 | 105.6 | 105.4 | 0.2 | 0.0 | 0.8 | 1.2 | ||
| Other sectors | 103.4 | 103.5 | 103.1 | 0.3 | 0.1 | 0.8 | 0.8 | ||
| Total transportable capital | 104.5 | 104.6 | 104.3 | 0.2 | 0.1 | 0.8 | 1.0 | ||
| Building and construction | 102.2 | 102.2 | 101.7 | 0.1 | 0.0 | 1.1 | 0.7 | ||
| (i.e. materials and wages) | |||||||||
| All capital goods | 102.5 | 102.5 | 102.0 | 0.1 | 0.0 | 1.0 | 0.7 | ||
| 1 Private vehicles are inclusive of VAT which is non-deductible for industry and agriculture. | |||||||||
| 2 Annual average for 2016 relative to the annual average for 2015. | |||||||||
| Table 5 Wholesale Price Indices (excluding VAT) for Energy Products | |||||||||
| (i.e. Fuels purchased by Manufacturing Industry) | |||||||||
| Base: Year 2010 as 100 | |||||||||
| Energy fuels | Index | Monthly % Change | Annual % Change | ||||||
| Nov 2016 | Dec 2016 | Year 2016 | Nov 2016 | Dec 2016 | Dec 2016 | Year2 2016 | |||
| Petrol | 98.1 | 102.2 | 98.6 | -2.5 | 4.2 | 4.3 | -4.0 | ||
| Autodiesel | 97.6 | 102.4 | 96.1 | -2.5 | 4.9 | 10.1 | -4.5 | ||
| Gas oil (other than autodiesel) | 95.5 | 102.3 | 93.8 | -3.6 | 7.1 | 16.1 | -6.7 | ||
| Fuel oil | 93.6 | 100.7 | 90.9 | -3.6 | 7.6 | 18.3 | -4.9 | ||
| Electricity | 101.3 | 100.4 | 81.9 | 2.7 | -0.9 | 12.7 | -17.4 | ||
| Petroleum fuels1 | 94.9 | 101.3 | 92.7 | -3.4 | 6.7 | 15.5 | -5.1 | ||
| Energy products | 99.2 | 100.7 | 85.5 | 0.7 | 1.5 | 13.5 | -13.3 | ||
| 1 Energy products excluding electricity. | |||||||||
| 2 Annual average for 2016 relative to the annual average for 2015. | |||||||||
| Home | Export | |
| Jan 2010 | 97.1 | 100.2 |
| Feb 2010 | 98.4 | 100.6 |
| Mar 2010 | 97.8 | 100.1 |
| Apr 2010 | 100 | 101.1 |
| May 2010 | 101.5 | 100.7 |
| Jun 2010 | 99.7 | 100.5 |
| Jul 2010 | 100.1 | 100.1 |
| Aug 2010 | 100.5 | 100.2 |
| Sep 2010 | 101 | 100.2 |
| Oct 2010 | 100.4 | 97.8 |
| Nov 2010 | 102 | 99.2 |
| Dec 2010 | 101.5 | 99 |
| Jan 2011 | 102.8 | 100.1 |
| Feb 2011 | 104 | 99.8 |
| Mar 2011 | 105.2 | 99.6 |
| Apr 2011 | 106.9 | 98.7 |
| May 2011 | 108.6 | 99.8 |
| Jun 2011 | 106.6 | 99.2 |
| Jul 2011 | 106.7 | 99.1 |
| Aug 2011 | 106.9 | 98.6 |
| Sep 2011 | 107 | 99.9 |
| Oct 2011 | 106.1 | 99.7 |
| Nov 2011 | 106.8 | 100.7 |
| Dec 2011 | 107 | 100.5 |
| Jan 2012 | 108.3 | 102 |
| Feb 2012 | 108.7 | 101.2 |
| Mar 2012 | 109 | 101.2 |
| Apr 2012 | 110.3 | 99.8 |
| May 2012 | 110.5 | 100.5 |
| Jun 2012 | 109.1 | 101.1 |
| Jul 2012 | 107.7 | 102.8 |
| Aug 2012 | 109.3 | 103.1 |
| Sep 2012 | 109.3 | 100.5 |
| Oct 2012 | 109.1 | 100.8 |
| Nov 2012 | 110 | 101.6 |
| Dec 2012 | 109.3 | 100.7 |
| Jan 2013 | 108.6 | 100.5 |
| Feb 2013 | 109.6 | 100.3 |
| Mar 2013 | 111.4 | 101.1 |
| Apr 2013 | 110.9 | 101.3 |
| May 2013 | 110.4 | 101.9 |
| Jun 2013 | 110.5 | 100.6 |
| Jul 2013 | 110.7 | 101.3 |
| Aug 2013 | 112.2 | 100.9 |
| Sep 2013 | 111.5 | 100.7 |
| Oct 2013 | 110.9 | 100.3 |
| Nov 2013 | 110.8 | 100.4 |
| Dec 2013 | 110.6 | 98 |
| Jan 2014 | 110.6 | 98.4 |
| Feb 2014 | 110.4 | 98.3 |
| Mar 2014 | 110.2 | 97.5 |
| Apr 2014 | 110.2 | 98.2 |
| May 2014 | 110.7 | 98.2 |
| Jun 2014 | 110.8 | 98.5 |
| Jul 2014 | 110.9 | 98.4 |
| Aug 2014 | 110.6 | 98.8 |
| Sep 2014 | 110.5 | 100.2 |
| Oct 2014 | 110.4 | 100.8 |
| Nov 2014 | 108.7 | 101.4 |
| Dec 2014 | 107.5 | 101.1 |
| Jan 2015 | 104.7 | 104.1 |
| Feb 2015 | 103.7 | 105.4 |
| Mar 2015 | 106.6 | 109.1 |
| Apr 2015 | 106.4 | 109.2 |
| May 2015 | 106.1 | 106.2 |
| Jun 2015 | 106.4 | 106.5 |
| Jul 2015 | 107.8 | 106.7 |
| Aug 2015 | 106.8 | 105.7 |
| Sep 2015 | 104.8 | 104.6 |
| Oct 2015 | 103.4 | 104 |
| Nov 2015 | 103.7 | 107.3 |
| Dec 2015 | 103.4 | 106 |
| Jan 2016 | 102 | 106.2 |
| Feb 2016 | 100.5 | 105.5 |
| Mar 2016 | 100.6 | 105.8 |
| Apr 2016 | 102 | 105.1 |
| May 2016 | 102.7 | 104.8 |
| June 2016 | 103.7 | 105.3 |
| July 2016 | 103.8 | 105.7 |
| Aug 2016 | 102.7 | 105.3 |
| Sep 2016 | 102.7 | 105 |
| Oct 2016 | 103 | 106 |
| Nov 2016 | 104.5 | 106.9 |
| Dec 2016 | 103.9 | 107.6 |
Annual Average Price Changes in Wholesale Prices for 2016
Overall prices received by Irish producers decreased by 0.7% in 2016 following on from an increase of 5.4% in 2015. The price index for goods sold on the home market decreased by 2.5% in 2016, having decreased by 4.4% in 2015. The price index for exported goods decreased by 0.4% in 2016 following an increase of 7.1% in the previous year. See table 6.
Producer prices were affected by a number of factors during 2016 including fluctuations in the Euro exchange rate and market demand. Exchange rates made a significant contribution to price changes during 2016. The average exchange rate for the US dollar and Sterling are shown in Table 7 below. Other global factors also had a major effect on market demand during the year.
| Table 6 Annual average % change in Producer Price Indices for home, export and total sales, 2011 - 2016 | ||||||||
| Index | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | ||
| Manufacturing Industries (home sales) | 6.2 | 2.8 | 1.4 | -0.5 | -4.4 | -2.5 | ||
| Manufacturing Industries (export sales) | -0.4 | 1.7 | -0.7 | -1.4 | 7.1 | -0.4 | ||
| Total Manufacturing Industries | 0.5 | 1.9 | -0.4 | -1.3 | 5.4 | -0.7 | ||
| Table 7 Annual average exchange rates, 2010 - 2016 | |||||||||||||
| Exchange rate | € 2010 | € 2011 | € 2012 | € 2013 | € 2014 | € 2015 | € 2016 | ||||||
| Pound Sterling | 0.8579 | 0.8648 | 0.8108 | 0.8492 | 0.8082 | 0.7257 | 0.8204 | ||||||
| US Dollar | 1.3296 | 1.3853 | 1.2803 | 1.3282 | 1.3303 | 1.1121 | 1.1066 | ||||||
| Source: European Central Bank | |||||||||||||
Food, Beverages and Tobacco
The overall index for the Food, Beverages and Tobacco sector decreased by 0.8% in 2016 compared with an increase of 2.0% in 2015. This decrease was due mainly to decreased prices in Grain milling, starches and animal feeds and Dairy products. The index for Food Products decreased by 0.9% in 2016 while Beverages increased by 0.3%.
Within the Food sector, prices increased for Fish and fish products (+6.7%), Other food products including bread and confectionery (+0.1%) and Vegetable and animal oils and fats (+0.1%). There were decreases in the prices for Grain milling, starches and animal feeds (-3.3%), Meat and meat products (-1.7%) and Fruit and vegetables (-1.2%). See table 8.
| Table 8 Annual average % change in Producer Price Indices for Food, Beverages and Tobacco products, 2016 | ||||||
| Index | NACE1 code | 2016 | ||||
| Food, Beverages and Tobacco products | 10-12 | -0.8 | ||||
| Food Products | 10 | -0.9 | ||||
| Meat and meat products | 101 | -1.7 | ||||
| Fish and fish products | 102 | 6.7 | ||||
| Fruit and vegetables | 103 | -1.2 | ||||
| Vegetable and animal oils and fats | 104 | 0.1 | ||||
| Dairy products | 105 | -3.0 | ||||
| Grain milling, starches and animal feeds | 106,109 | -3.3 | ||||
| Bakery and farinaceous products | 107 | -0.8 | ||||
| Other food products | 108 | 0.1 | ||||
| Beverages | 11 | 0.3 | ||||
| 1 Nace Rev. 2 Statistical classification of economic activities in the European Community. | ||||||
Wholesale Price Index
The term Industrial Producer Price Index refers to a family of indices that measure the average change over time in the selling prices received by domestic producers of goods and services. The other three wholesale price index series incorporate imported and home produced goods sold by manufacturers and wholesale outlets.
Coverage
The output price indices for sectors of Manufacturing Industries cover both home sales and export sales. The Indices for Total transportable goods industries; Food, drink and tobacco; Manufacturing industries excluding food; Manufacturing industries excluding food, drink and tobacco; Intermediate goods industries (except energy); Capital goods industries; Durable consumer goods industries; Non-durable consumer goods industries; Manufacturing industries (home sales); Manufacturing industries (export sales) and Total manufacturing industries are all calculated on a net sector basis, i.e. the weights used to combine the sectoral indices (including those for sectors not distinguished in Table 2) exclude sales to other sectors of Manufacturing Industry.
Table 2A gives the percentage contribution of each sector (including those not published on Table 2) to the overall percentage change on Table 2. The percentage contributions on Table 2A may not add up to the Total Manufacturing industries percentage change on Table 2 due to rounding and other adjustments for presentational purposes. In comparing these contributions against these percentage changes in indices presented on Table 2 caution should be exercised as the former is calculated on a net sector basis.
The Building Materials, Capital Goods and Energy Products indices (Tables 3, 4 and 5) cover home production and imports of these commodities. Table 3, the Wholesale Price Index for Building and Construction Materials, provides only a general indication of price trends in that sector. Actual transaction prices are collected for materials purchased by construction and civil engineering firms. The price indices reflect an ‘average’ over a mixture of products from many companies throughout the country. They also reflect prices for both long-term and short-term contracts and for high and low volume civil engineering works. It should be noted that long-term, high volume fixed contracts for major works might dilute in the short-term the impact of emerging price changes on the index. Furthermore, industry sources have confirmed that price increases notified by companies may not always be achieved in practice following negotiations. Much depends on the prevailing market conditions. Therefore changes over the short-term in the indices derived from these transaction prices will not always coincide with price changes notified by companies.
Prices
All indices in the series are based on prices at the 15th of the month. Quarterly and annual indices are simple averages of the corresponding monthly indices.
Prices used in the compilation of the indices are:
Every effort is made by the Wholesale Prices Section to collect all prices for the relevant month. Where this is not possible late prices are included in the following month’s calculations.
Methodology
This Wholesale Price Index series is compiled to base 2010 as 100. A methodological description of this updated series is given in the Wholesale Price Index Introduction of Updated Series base 2010 as 100.
Calculating percentage changes in the index
The movement of the output price indices is expressed as percentage change, rather than a change in index points, because index point changes are affected by the level of the index in relation to its base period, whereas percentage changes are not.
The example below illustrates the computation of a percentage change:
| Percentage change calculation | |
| Current index | 105.6 |
| Less previous index | 102.1 |
| Equals in index points | 3.5 |
| Divided by the previous index | 102.1 |
| Equals | 0.0343 |
| Results multiplied by 100 | 0.0343 x 100 |
| Equals percentage change | 3.4 |
Alternatively, users may calculate a percentage change by dividing the current index by the previous index, multiplying by 100 and then subtracting 100.
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Show Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
Hide Table 1 Manufacturing Industries Output Price Indices (excluding VAT)