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Factory gate prices up slightly in April - CSO

Some food and dairy prices fell during April, according to the CSO
Some food and dairy prices fell during April, according to the CSO

Factory gate prices rose by 0.1% in April when compared with the previous month, according to the Central Statistics Office, and were up 0.5% year-on-year.

The price index for export sales were up 0.1% in the month, while home sales fell 0.2%.

In the year to April overall prices had risen by 9.5% - with export sale prices rising 11.2% to more than make up for a 3.4% decline in home sale prices.

The most significant price changes in April were in amongst computer, electronic and optical products – which rose 3.2%, while meat products were up 0.3%.

The ‘other foods’ category, which includes bread and confectionary were down 0.9%, while dairy product prices fell 0.5%.

On an annual basis computer, electronic and optical products have seen the biggest price shifts, up 23.2%, while pharmaceutical products were up 12.8%. 

Dairy product prices are down 14.4% annually, while grain milling, starches and animal feed prices fell 2.9%.