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E-mail: Jillian Delaney Ronan O'Sullivan
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CSO statistical release, , 11am

Wholesale Price Index

June 2022

 Price index (Year ‘15=100)% monthly change% annual change
Apr 202286.81.2%5.2%
May 202287.20.5%7.3%
Jun 202287.1-0.1%6.2%

Producer Prices for dairy products rose by more than 49% in the year to June 2022

Figure 1 - Manufacturing Industries Output Price Index
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Prices in several food categories were significantly higher in June 2022 compared to the same month last year.

Some of the most notable annual increases were:

  • Dairy Products 49.1%
  • Meat & Meat Products 14.5%
  • Grain Milling, Starches & Animal Feeds 11.7%.
  • Food Products 10.2%
  • Food Products, Beverages & Tobacco 9.9%

Outputs from Irish manufacturers also increased in price in several other categories. Wood and wood products were 38.1% more expensive than this time last year. Basic metals were up 33.0% and Other non-metallic mineral products such as glass, ceramics, cement, concrete and stone rose by 23.2%. Mining and quarrying prices also had a large annual price increase of 23.7%. See Table 2.

Monthly manufacturing factory gate prices fell by 0.1% in June 2022. This compares to an increase of 0.9% for June of last year. The annual percentage change rose by 6.2% in June 2022, compared to an increase of 7.3% in the year to May 2022.  See Table 1 and Figure 1.

In the month, the price index for export sales was down by 0.1%, while the index for home sales was up by 0.6%. In the year there was an increase of 6.0% in the price index for export sales (this can be influenced by currency fluctuations) and a rise of 8.0% in respect of the price index for home sales.  See Table 2 and Figure 2.

Construction materials prices increase by 18.5%

The All Materials Index for construction products rose by 2.4% in the month and 18.5% in the year. See Table 3.

Notable annual increases in construction products include: 

  • Other Timber, Other (this includes treated wooden products) 109.6%
  • Structural Steel & Reinforcing Metal 47.2%
  • Bituminous Emulsions 28.3%
  • Plumbing Materials incl. Sanitary Ware 23.4%
  • Ready Mixed Mortar & Concrete 23.0%
  • Plaster 22.9%

The Building and Construction (i.e. Materials and Wages) index increased by 1.3% in the month and 10.9% in the year. This index combines the All Materials Index with a measure of the change in wages in the construction sector to provide an overall index for input construction costs. See Table 4.

Electricity prices rose by 91.3% annually

There was an increase in the price of wholesale electricity in June, with prices 26.9% higher than the previous month. Coming on top of other price rises in the last year, the wholesale price of electricity is now 91.3% higher than in June 2021. The overall Energy Products Index followed these trends, going up by 22.8% since May 2022, and up 80.8% when compared to June 2021. See Table 5.


Jan 2015100.296.8
Feb 201599.698.8
Mar 201599.9101.1
Apr 201599.8102.6
May 2015100100.2
Jun 201599.999.8
Jul 201510099.8
Aug 2015100.3100.2
Sep 2015100.298.9
Oct 201510096.6
Nov 2015100102.8
Dec 2015100102.5
Jan 2016100100.2
Feb 201699.199.9
Mar 201699.598.9
Apr 2016100.898.1
May 2016100.998.9
Jun 201610197.7
Jul 201610198.1
Aug 2016100.198.7
Sep 201610096.4
Oct 201610097.6
Nov 2016100.1101.5
Dec 2016100.1102.4
Jan 2017100.4100.8
Feb 201799.2100.1
Mar 201799.5102.6
Apr 201799.5103.7
May 201799.4103.7
Jun 201799.5100.3
Jul 201799.699.2
Aug 201799.597.9
Sep 201799.897.2
Oct 201799.790.2
Nov 201797.791.9
Dec 201797.797.5
Jan 20189896.4
Feb 201898.195.7
Mar 201898.496.1
Apr 201898.895.6
May 201898.697.7
Jun 201898.999
Jul 20189998
Aug 20189997.6
Sep 201899.497.5
Oct 201899.492
Nov 201899.494.9
Dec 201899.795.2
Jan 2019100.696.4
Feb 2019101.395.6
Mar 2019101.296.4
Apr 2019101.196.5
May 2019101.196.8
Jun 2019101.196.4
Jul 2019101.395.8
Aug 2019101.496.3
Sep 2019101.396.8
Oct 2019101.189.8
Nov 2019101.393
Dec 201910193
Jan 202099.792.1
Feb 202010094.4
Mar 2020100.191.1
Apr 202099.788.2
May 202099.687.5
Jun 202099.786.1
Jul 202099.785.2
Aug 202099.683.9
Sep 202099.984.3
Oct 202099.985
Nov 202099.582.6
Dec 202099.679.1
Jan 202110079.9
Feb 202199.580.7
Mar 202199.881.4
Apr 2021100.281.7
May 2021100.980.4
Jun 2021101.581.2
Jul 2021102.583.2
Aug 2021102.482.5
Sep 2021102.882.4
Oct 2021103.982.7
Nov 2021104.582.5
Dec 2021105.582.5
Jan 2022107.982.5
Feb 2022105.782.8
Mar 2022106.184.9
Apr 2022107.385.9
May 2022108.986.2
Jun 2022109.686.1
Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
 Base: Year 2015 as 100
PeriodManufacturing Industries Output Price IndexManufacturing Industries Output Price Index (Home Sales)Manufacturing Industries Output Price Index (Export Sales)
Price Index% Change on preceding periodAnnual % changePrice Index% Change on Preceding PeriodPrice Index% Change on Preceding Period
2015Quarter 199.0--99.9-98.9-
 Quarter 2100.81.8-99.90.0100.92.0
 Quarter 399.6-1.2-100.20.399.6-1.3
 Quarter 4100.61.0-100.0-0.2100.61.0
2016Quarter 199.6-1.00.699.5-0.599.7-0.9
 Quarter 298.4-1.2-2.4100.91.498.2-1.5
 Quarter 397.8-0.6-1.8100.4-0.597.7-0.5
 Quarter 4100.52.8-0.1100.1-0.3100.52.9
2017Quarter 1101.10.61.599.7-0.4101.20.7
 Quarter 2102.
 Quarter 398.2-4.10.499.60.198.1-4.4
 Quarter 493.4-4.9-7.198.4-1.293.2-5.0
2018Quarter 196.12.9-4.998.2-
 Quarter 297.51.5-4.898.80.697.41.4
 Quarter 397.80.3-0.499.10.397.70.3
 Quarter 494.2-3.70.999.50.494.0-3.8
 Quarter 296.80.5-0.7101.
 Quarter 396.5-0.3-1.3101.30.296.3-0.3
 Quarter 492.3-4.4-2.0101.1-0.291.9-4.6
2020Quarter 192.80.5-3.699.9-
 Quarter 287.8-5.4-9.399.7-0.287.3-5.6
 Quarter 385.1-3.1-11.899.70.084.5-3.2
 Quarter 483.0-2.5-
2021Quarter 181.5-1.8-
 Quarter 281.90.5-6.7100.
 Quarter 383.52.0-1.9102.61.782.72.0
 Quarter 483.50.00.6104.61.982.6-0.1
 April 95.8-0.4-7.498.80.495.6-0.5
Table 2 Industrial Producer Price Indices (excluding VAT)
Base: Year 2015 = 100
Industrial sector         IndexMonthly % ChangeAnnual % Change
NACE code1
May 2022Jun 2022Apr 2022May 2022Jun 2022Jun 2022
Food Products10109.3108.52.02.5-0.710.2
       Meat and meat products101119.8119.
       Fish and fish products102136.0136.
       Fruit and vegetables10398.899.
       Vegetable and animal oils and fats104102.3101.11.2-1.4-1.24.0
       Dairy products105166.5171.
       Grain milling, starches and animal feeds106,109118.1119.
       Bakery and farinaceous products10795.995.61.1-0.3-0.31.0
       Other food products10892.790.31.31.1-2.6-0.8
Tobacco Products12******
Wearing apparel14109.3111.
Leather and leather products (incl. footwear); dressing and dyeing of fur15102.3102.
Wood and wood products16167.7166.60.413.2-0.738.1
Pulp, paper and paper products17101.8102.
Printing and reproduction of recorded media18103.2102.70.2-0.8-0.54.9
Coke and refined petroleum products19******
Chemicals and chemical products20100.6100.
Basic pharmaceutical products and pharmaceutical preparations21******
Rubber and plastic products22113.8115.
Other non-metallic mineral products23131.1131.
Basic metals24139.2140.
Fabricated metal products, except machinery and equipment25110.0109.61.70.0-0.46.4
Computer, electronic and optical products26******
Electrical equipment2797.597.40.30.1-0.18.8
Machinery and equipment n.e.c.28******
Motor vehicles, trailers and semi-trailers29107.5107.
Other transport equipment30114.4114.
Furniture 31123.2123.
Other Manufacturing32******
Repair and Installation of machinery and equipment33******
Mining and quarrying05-09128.3130.36.8-3.11.623.7
Total transportable goods industries 87.387.
Food products, Beverages and Tobacco Products10-12108.5107.91.82.5-0.69.9
Manufacturing industries excluding Food Products  83.984.
Manufacturing Industries excluding Food Products, Beverages and Tobacco Products 83.783.
Intermediate goods industries (except energy) ******
Capital goods industries ******
Durable consumer goods industries ******
Non-durable consumer goods industries ******
Manufacturing industries (home sales)2 108.9109.
Manufacturing industries (export sales)2
Total manufacturing industries2
1 Nace Rev. 2 Statistical classification of economic activities in the European Community.
2 Excludes Mining and quarrying.
* Data suppressed for confidentiality reasons.
Table 2A Contribution to changes in the Manufacturing Output Price Index, June 2022 (Table 2)
Industrial sectorNACE code 1Contribution to overall % change2
One monthTwelve months
Food Products10-0.121.64
       Meat and meat products1010.000.64
       Fish and fish products1020.000.03
       Fruit and vegetables1030.000.00
       Vegetable and animal oils and fats1040.000.00
       Dairy products1050.070.92
       Grain milling, starches and animal feeds106,1090.010.10
       Bakery and farinaceous products1070.000.00
       Other food products108-0.20-0.06
Tobacco Products12**
Wearing apparel140.000.00
Leather and leather products (incl. footwear); dressing and dyeing of fur150.000.00
Wood and wood products160.000.20
Pulp, paper and paper products170.000.02
Printing and reproduction of recorded media180.000.02
Coke and refined petroleum products19**
Chemicals and chemical products200.000.08
Basic pharmaceutical products and pharmaceutical preparations21**
Rubber and plastic products220.020.14
Other non-metallic mineral products230.010.18
Basic metals240.000.15
Fabricated metal products, except Machinery and equipment250.000.05
Computer, electronic and optical products26**
Electrical equipment270.000.07
Machinery and Equipment n.e.c.28**
Motor vehicles, trailers and semi-trailers290.000.01
Other transport equipment300.000.00
Furniture 310.000.03
Other Manufacturing32**
Repair and Installation of machinery and equipment33**
Mining and quarrying05-090.010.12
1 Nace Rev. 2 Statistical classification of economic activities in the European Community.
2 See Background Notes.
* Data suppressed for confidentiality reasons
Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials
Base: Year 2015 = 100
MaterialsIndexMonthly % ChangeAnnual % Change
May 2022Jun 2022Apr 2022May 2022Jun 2022Jun 2022
Stone, sand and gravel118.7120.
       Sand and gravel125.6127.9-
Ready mixed mortar and concrete120.5130.
Concrete blocks and bricks117.2120.
Other concrete products118.6123.
       Precast concrete136.6136.
       Other concrete products (Excluding precast concrete)117.2125.
Structural steel and reinforcing metal187.4186.220.50.8-0.647.2
       Structural steel178.5177.927.60.0-0.339.5
              Fabricated metal174.5174.531.
              Other Structural steel210.5205.26.40.0-2.546.8
       Reinforcing metal201.0198.912.01.8-1.059.4
       Other steel products114.8114.
Rough timber (including plain sawn)179.5192.8-
Other timber165.1165.
       Windows and doors123.5123.
Bituminous macadam, asphalt and bituminous emulsions110.3117.
       Bituminous macadam and asphalt110.0116.
       Bituminous emulsions120.0136.
Electrical fittings125.6130.
       Lighting equipment107.3107.
       Protection & communication equipment 107.1107.
All other materials124.0124.
       Plumbing materials incl. sanitary ware133.4133.
       HVAC (heating & ventilation equipment) 112.3112.
       Insulating materials124.5128.
       Pipes and fittings127.2127.
       Paints, oils and varnishes144.1144.
       All other metal fittings116.9116.
       All other products120.0120.
All materials132.7135.
Table 4 Capital Goods Price Indices (excluding VAT)
Base: Year 2015 = 100
Capital goodsIndexMonthly % ChangeAnnual % Change
May 2022Jun 2022Apr 2022May 2022Jun 2022Jun 2022
Transportable capital for use in      
        of which:      
              Private vehicles1106.1106.
              Commercial vehicles108.9108.
Agriculture and industry113.9114.6-
Other sectors112.5112.5-
Total transportable capital113.2113.6-
Building and construction126.3127.
(i.e. materials and wages)      
All capital goods124.5126.
1 Private vehicles are inclusive of VAT which is non-deductible for industry and agriculture.
Table 5 Wholesale Price Indices (excluding VAT) for Energy Products
(i.e. Fuels purchased by Manufacturing Industry)
Base: Year 2015 = 100
Energy productsIndexMonthly % ChangeAnnual % Change
May 2022Jun 2022Apr 2022May 2022Jun 2022Jun 2022
Gas oil (other than autodiesel)147.6165.3-3.22.512.056.4
Fuel oil151.3160.
All energy fuels1147.0158.
All energy products225.6277.0-22.7-28.522.880.8
1 Energy products excluding electricity.

Background Notes

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.


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.


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:

  • excluding delivery charges itemised on the invoice separately
  • after discounts or surcharges are applied
  • before addition of direct subsidies
  • exclusive of VAT (except for private vehicles used in Table 4)
  • inclusive of excise duty

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.


This Wholesale Price Index series is compiled to base 2015 = 100. A methodological description of this updated series is given in the Wholesale Price Index Introduction to Series 2015=100 (1) (PDF 468KB)

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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