This chapter contains annual averages from the monthly Consumer Price Index and the Wholesale Price Index reports. We have also included data on the National Average Price (NAP) for some of the items in the CPI basket of goods and services.
The Consumer Price Index (CPI) is designed to measure the change in the average level of prices of goods and services bought for the purpose of consumption by all private and institutional households in Ireland and by foreign tourists while on holiday in Ireland.
Goods | Services | All Items | |
2002 | 106.3 | 67 | 82.4 |
2003 | 108.5 | 70.2 | 85.2 |
2004 | 109.5 | 72.6 | 87.1 |
2005 | 110.3 | 75.4 | 89.2 |
2006 | 111.7 | 80.1 | 92.7 |
2007 | 112.9 | 86.8 | 97.3 |
2008 | 116.2 | 91.1 | 101.2 |
2009 | 111.1 | 86.9 | 96.7 |
2010 | 108.7 | 87 | 95.8 |
2011 | 110.1 | 90.2 | 98.3 |
2012 | 111.5 | 92 | 99.9 |
2013 | 110.4 | 93.6 | 100.4 |
2014 | 108.1 | 95.5 | 100.6 |
2015 | 104.1 | 97.7 | 100.3 |
2016 | 101 | 99.9 | 100.3 |
2017 | 98.9 | 102 | 100.7 |
2018 | 98.2 | 103.4 | 101.2 |
2019 | 97.1 | 105.9 | 102.1 |
Figure 20.1 shows the annual average indices (Base: Dec 2016=100) for All Items, Goods and Services for the period 2002 to 2019. Over the period 2002 to 2019, the CPI All Items increased by 23.9%. During this period, the cost of Services increased by 58.1% and the rate for Goods decreased by 8.7%.
Every month, the CSO publishes a national average price (NAP) for some of the items in the CPI basket of goods and services. Figures 20.2 and 20.3 show the annual national average prices for some of these items for the period 2009 to 2019.
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
Potatoes 2.5KG | 3.37433333333333 | 3.26325 | 3.183 | 3.38725 | 3.831 | 3.072 | 2.945 | 3.157 | 3.18175 | 3.30816666666667 | 3.64 |
Brown sliced pan 800g | 1.678 | 1.65016666666667 | 1.715 | 1.52325 | 1.54775 | 1.517 | 1.35458333333333 | 1.35775 | 1.39033333333333 | 1.39575 | 1.46 |
Milk - full fat 2 litres | 1.90825 | 1.79516666666667 | 1.826 | 1.77225 | 1.80183333333333 | 1.745 | 1.72058333333333 | 1.70541666666667 | 1.69475 | 1.69875 | 1.69 |
Stout draught - bar 1 pt | 4.09316666666667 | 3.95633333333333 | 3.952 | 3.9955 | 4.18366666666667 | 4.298 | 4.308 | 4.33158333333333 | 4.43233333333333 | 4.549 | 4.65 |
Petrol unleaded 1 litre | 1.11666666666667 | 1.31425 | 1.494 | 1.63141666666667 | 1.58125 | 1.525 | 1.369 | 1.28058333333333 | 1.36391666666667 | 1.43191666666667 | 1.42 |
Diesel 1 litre | 1.028 | 1.23166666666667 | 1.43 | 1.56233333333333 | 1.50575 | 1.448 | 1.26016666666667 | 1.146 | 1.24991666666667 | 1.33533333333333 | 1.33533333333333 |
It can be seen from Figure 20.2 that in the ten-year period from 2009 to 2019, the national average price for unleaded petrol increased by 26.8%, from €1.12 to €1.42 per litre, peaking in 2012 at €1.63 per litre. The corresponding national average price for diesel increased by 30.1%, from €1.03 to €1.34 per litre, also peaking in 2012 at €1.56 per litre. In the period 2009 to 2019, the lowest national average price for both unleaded petrol and diesel in Ireland was in 2009 when they cost on average €1.12 and €1.03 per litre respectively.
The average price for two litres of full fat milk has decreased from €1.91 in 2009 to €1.69 in 2019, a fall of 11.5%.
The average price of the humble potato increased by 8.0% between 2009 and 2019 from €3.37 to €3.64 for a 2.5 kg bag. Potato prices peaked at €3.83 in 2013 and were at their lowest at €2.95 in 2015.
Interactive table: Statbank CPM12
Link to release: Consumer Price Index
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
Roast Beef - topside/rib 1KG | 10.76975 | 10.509 | 11.022 | 11.8384166666667 | 12.8170833333333 | 12.941 | 13.0461083333333 | 13.2943333333333 | 13.2560833333333 | 13.4975 | 14.11 |
Cod Fillets 1KG | 16.7248333333333 | 15.6256666666667 | 16.116 | 16.122 | 15.7075833333333 | 16.099 | 15.9485833333333 | 15.9555 | 15.9983333333333 | 16.1016666666667 | 16.24 |
Cheddar cheese 1 KG | 11.87125 | 11.40225 | 11.573 | 11.1205 | 11.0129166666667 | 10.984 | 10.49625 | 10.28075 | 9.88191666666667 | 9.82925 | 9.84 |
Whiskey - take home bottle 70cl | 25.2598333333333 | 22.6446666666667 | 22.052 | 21.5055833333333 | 23.6253333333333 | 24.845 | 24.92975 | 25.2813333333333 | 24.7455 | 24.5839166666667 | 24.08 |
Gent's dry cut | 12.92475 | 12.7166666666667 | 12.275 | 11.9216666666667 | 11.7656666666667 | 11.846 | 11.8565 | 11.9371666666667 | 12.115 | 12.6794166666667 | 13.69 |
Cigarettes - filtered 20 pk | 8.24625 | 8.41741666666667 | 8.526 | 9.07275 | 9.33025 | 9.631 | 10.0929166666667 | 10.7676666666667 | 11.4313333333333 | 12.1068333333333 | 12.87 |
Figure 20.3 shows that the national average price of a 20 pack of cigarettes has steadily increased from €8.25 in 2009 to €12.87 in 2019.
The cost of men's dry haircut has remained relatively stable over the decade, costing €12.92 in 2009 compared to €13.69 in 2019.
Interactive table: Statbank CPM12
Link to release: Consumer Price Index
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