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Factory gate prices fall - CSO

Manufacturing - Factory gate prices decrease in April
Manufacturing - Factory gate prices decrease in April

Monthly factory gate prices decreased by 0.7% in April 2011 compared to an increase of 1% recorded for April 2010, according to the CSO's manufacturing output price index for April.

As a result of the fall in April, the annual percentage change decreased 0.8% in April 2011, compared with an increase of 0.9% in March 2011.

During April, the price index for export sales decreased by 1.2% while the index for home sales increased by 1.1%. In the year there was a decrease of 2% in the price index for export sales, which can be influenced by currency fluctuations. In the same period there was an increase of 4.9% in respect of the price index for home sales.

In the month the most significant changes were increases in meat and meat products (+1.4%), basic metals (+1.1%) and dairy products (+0.9%). There were decreases in computer, electronic and optical products (-2.6%), other food products including bread and confectionary (-1.0%) and basic pharmaceutical products and pharmaceutical preparations (-0.7%).