Sunday 25 February 2018

Factory prices on the rise according to CSO figures

Factory gate prices increased last month.
Factory gate prices increased last month.

Monthly factory gate prices increased 0.5pc last month, the Central Statistics Office said. This compares to a rise of 0.1pc recorded for April of last year.

As a result, the annual percentage change showed a decrease of 2.7pc in April 2014, compared with a decrease of 3.1pc in the year to March 2014. In the month, the price index for export sales rose by 0.7pc, while the index for home sales remained the same.

In the year there was a decrease of 3.1pc in the price index for export sales and a drop of 0.6pc in the price index for home sales. Increases were seen in the following categories: Meat and meat products (+1.9pc), Other food products including bread and confectionery (+1.3pc) and Basic pharmaceutical products and pharmaceutical preparations (+1.1pc), while there were decreases in fish and fish products (-6pc), dairy products (-0.9pc) and computer, electronic and optical products (-0.4pc).

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