The Supply and Use Tables are deflated using the double deflation method. This method applies deflators to each product in the tables and produces Gross Value Added (GVA) in previous year's prices (PYP) by subtracting the PYP intermediate consumption data from the PYP domestic supply data. This differs from the CSO's Annual National Accounts publication (ANA), which uses the output volume method to deflate GVA by industry. The Supply and Use Tables are aligned to the current and PYP expenditure components in the ANA. This results in the same aggregate inflation rates for the aggregate expenditure components and aggregate GVA.
Note that GVA can be subject to extreme price movements using the double deflation method when current price GVA is a relatively small share of current price Output. This can even occur when the price changes in Output and Intermediate Consumption are small. Further information and examples can be found in the Background Notes chapter.
Figure 3.1 below displays inflation by component and product in the 2021 Supply Table. Total Supply had inflation of 1% compared to 2020. Products of Electricity, Gas, Steam and Air Conditioning had the highest level of inflation at 10.9%, followed by products of Construction at 9.8%. In contrast to this, products of Manufacturing declined in value by 1.4%.
Domestic Supply and Imports had overall inflation rates of 0.2% and 2.7% respectively. However, the inflation rates of both varied over product categories. Since Trade Margins are zero in total, overall inflation of Trade Margins is also zero, yet, as seen from the figure below, inflation did occur for Trade Margins across the various product groups. For example, inflation of Trade Margins for Electricity, Gas, Steam and Air Conditioning products was 13.5%, while inflation of Trade Margins of products of Water Supply; Sewerage, Waste Management and Remediation Activities was -7.3%.
| X-axis label | Total Supply | Domestic Supply | Imports | Margins |
|---|---|---|---|---|
| Total (CPA 1-97) | 1.04041135116055 | 0.220382849107859 | 2.72514087181874 | 0 |
| Agriculture, Forestry and Fishing (01-03) | 9.45516585759056 | 9.78569258722182 | 7.20252203327427 | 9.63010513056537 |
| Mining and Quarrying (05-09) | 6.79528989044895 | 4.64286403178829 | 7.89512754386641 | -1.29336274313213 |
| Manufacturing (10-33) | -1.35412521266207 | -3.89396832935262 | 5.29660494552786 | -2.2373250343118 |
| Electricity, Gas, Steam and Air Conditioning Supply (35) | 10.8774469645505 | 10.5013093019416 | 15.2439789262419 | 13.4603372891942 |
| Water Supply; Sewerage, Waste Management and Remediation Activities (36-39) | 1.33524536026037 | 1.53406760607675 | 2.56271917992987 | -7.26481419484433 |
| Construction (41-43) | 9.8085738461035 | 9.86480029540917 | 11.2379579761814 | 0 |
| Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (45-47) | -1.14695718297558 | -2.64869156159855 | 1.76495019595386 | -1.59902771187977 |
| Transportation and Storage (49-53) | 4.09532497683702 | 3.30950734238993 | 5.71773434504235 | 0 |
| Accommodation and Food Service Activities (55-56) | 1.47600559794141 | 1.84877467976816 | 1.65994783021104 | 0 |
| Information and Communication (58-63) | 3.47853990994924 | 3.57121555390651 | 2.97335058802715 | 3.60135342971393 |
| Financial and Insurance Activities (64-66) | 2.43797100959546 | 1.26304316352845 | 4.49559947944855 | 0 |
| Real Estate Activities (68) | 4.29026904326677 | 4.36974554171012 | 0 | 0 |
| Professional, Scientific and Technical Activities (69-75) | 0.785746578403135 | -1.02849655724311 | 1.89012262850599 | 11.1111111111111 |
| Administrative and Support Service Activities (77-82) | -0.668758324802132 | -2.69176606975424 | 0.0207098823628238 | 0 |
| Public Administration and Defence; Compulsory Social Security (84) | -0.226034366015426 | -0.226243860240438 | 1.03672985781991 | 0 |
| Education (85) | 3.82208475146661 | 3.68972103066021 | 0 | 0 |
| Human Health and Social Work Activities (86-88) | 3.94930553182613 | 3.9579551804263 | 5.3265694356373 | 0 |
| Arts, Entertainment and Recreation (90-93) | 1.26540839583853 | 1.52514259371412 | 3.13302516692346 | -0.288184438040351 |
| Other Service Activities (94-96) | 1.47419394385191 | 1.52428047307611 | 2.89440993788819 | 0 |
| Activities of Households as Employers (97) | -0.00492174426617309 | -0.00492174426617309 | 0 | 0 |
Get the data: PxStat NIA17
Figure 3.2 below presents inflation by component and product in the 2021 Use Table. Total Uses had an overall inflation rate that exactly matched that for Total Supply at 1.04%. Just as in current prices, Total Supply in PYP is the same as Total Use in PYP. Gross Fixed Capital Formation, Final Consumption and Exports all had positive inflation rates at total product level, of 3.4%, 2.6% and 1.3% respectively. Similarly to Supply in PYP, the inflation rates vary across product categories. Intermediate Consumption, with inflation of -0.6%, was the only component with a negative inflation rate across total products.
| X-axis label | Total Uses | Intermediate Consumption | Final Consumption | Gross Fixed Capital Formation | Exports |
|---|---|---|---|---|---|
| Total (CPA 1-97) | 1.04041135116055 | -0.550233663359279 | 2.6385385703005 | 3.41818543245849 | 1.26238579084172 |
| Agriculture, Forestry and Fishing (01-03) | 9.45516585759056 | 11.2670289128111 | 1.97209273148564 | 9.54802951435598 | 8.47811626027308 |
| Mining and Quarrying (05-09) | 6.79528989044895 | 6.65192952085272 | 6.86555462434779 | 6.86827353841162 | 5.90758256394051 |
| Manufacturing (10-33) | -1.35412521266207 | -0.147904647824537 | 2.28551203251997 | 1.08031030967988 | -2.83714669954296 |
| Electricity, Gas, Steam and Air Conditioning Supply (35) | 10.8774469645505 | 10.5791559302954 | 16.952315075746 | 0 | 14.2582505607177 |
| Water Supply; Sewerage, Waste Management and Remediation Activities (36-39) | 1.33524536026037 | 0.897837322224437 | 0.526215078453895 | 0 | 5.27440416400329 |
| Construction (41-43) | 9.8085738461035 | 8.22551056552103 | 0.885582713425426 | 10.5315401966671 | 9.77819118488839 |
| Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (45-47) | -1.14695718297558 | -4.46262793508389 | -0.351349984134064 | 0 | 4.84505875699672 |
| Transportation and Storage (49-53) | 4.09532497683702 | 2.81454953956635 | -0.635130810906259 | 0 | 9.01779126638218 |
| Accommodation and Food Service Activities (55-56) | 1.47600559794141 | 4.68077980681096 | 0.905432197975187 | 0 | 6.62614882893569 |
| Information and Communication (58-63) | 3.47853990994924 | -2.85877021078456 | 0.603687499714267 | 1.02061760519165 | 4.78832092706325 |
| Financial and Insurance Activities (64-66) | 2.43797100959546 | 0.501207613700849 | 1.66233586067432 | 0 | 4.2816172510501 |
| Real Estate Activities (68) | 4.29026904326677 | 5.36715278933688 | 3.86696916821476 | 9.09642388287637 | 0 |
| Professional, Scientific and Technical Activities (69-75) | 0.785746578403135 | -2.2242321605305 | 0.653186886337154 | 0.881052419851214 | 7.33645542155674 |
| Administrative and Support Service Activities (77-82) | -0.668758324802132 | -1.40295763276741 | 4.06363126497731 | 0 | 4.2927179880101 |
| Public Administration and Defence; Compulsory Social Security (84) | -0.226034366015426 | -5.50621289491369 | 0.807599073643939 | 5.08936056473737 | -2.65369305616983 |
| Education (85) | 3.82208475146661 | 2.7260859904455 | 3.9919327919302 | 0 | 0 |
| Human Health and Social Work Activities (86-88) | 3.94930553182613 | 4.01486723133555 | 3.92603276380525 | 0 | 5.90083270249813 |
| Arts, Entertainment and Recreation (90-93) | 1.26540839583853 | 3.58682994868644 | 0.619449038244357 | 3.63418032304834 | 5.84705339282969 |
| Other Service Activities (94-96) | 1.47419394385191 | 4.10400698554381 | 0.605681172924877 | 0 | 0 |
| Activities of Households as Employers (97) | -0.00492174426617309 | 9.58333333333332 | -0.869145340415245 | 0 | 0 |
Get the data: PxStat NIA18
Figure 3.3 shows that overall inflation of Output was 0.2%, inflation of Intermediate Consumption was -0.5% and GVA inflation was 1%. However, there was considerable variation across industries. Inflation of Output was positive across all industries, bar Manufacturing where prices fell by 3.4%. It was highest for Agriculture, Forestry and Fishing and the Construction industries, each with nearly 10% inflation rate. Agriculture, Forestry and Fishing and the Construction industries also had the highest Intermediate Consumption inflation rates, at 3.1% and 3.3%.
| X-axis label | Output | Intermediate Consumption | Gross Value Added |
|---|---|---|---|
| Total (NACE 01-97) | 0.220382849107859 | -0.550233663359279 | 1.0228266768266 |
| Agriculture, forestry & fishing (01-03) | 9.73393368808844 | 3.12395185033354 | 21.6364032904781 |
| Manufacturing (05-39) | -3.35628284646259 | -0.420111153731473 | -5.88082470114019 |
| Construction (41-43) | 9.65477611733416 | 3.2717861191546 | 30.2492326893442 |
| Distribution, transport & communication (45-61) | 2.28730168001345 | -1.67292858770199 | 8.73427592386318 |
| Business services (62-82) | 0.175905812059285 | -0.0957928996608404 | 0.366844543871503 |
| Other services (84-97) | 2.62840367285717 | 0.685258164110558 | 3.65707819781917 |
Get the data: PxStat NIA18
Table 3.1 below contains an aggregated version of the 2021 Supply Table in PYP.
Disaggregate data for PYP supply in 2021 and previous years can be found below:
Supply Table at previous year prices for 2021: Supply and Use Tables 2021 Table 3.2 (XLS 30KB)
Get the data: PxStat NIA17, Eurostat database
Table 3.3 below contains an aggregated version of the 2021 Use table in PYP.
Disaggregate data for PYP Uses in 2021 and previous years can be found below:
Use Table at previous year prices for 2021: Supply and Use Tables 2021 Table 3.4 (XLS 41KB)
Get the data: PxStat NIA18, Eurostat database
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