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Wholesale Price Index December 2022

Wholesale electricity prices increased by 10.4% in the 12 months to December 2022

Online ISSN: 2009-5198

CSO statistical release, 20 January 2023, 11am

Key Findings

Wholesale electricity prices increased by 93.2% since November 2022 and were 10.4% higher in December 2022 when compared with December 2021.
Domestic producer prices for manufactured goods were on average 8.9% higher in December 2022 compared with a year earlier, while producer prices for exported goods increased by 2.3%.
Producer prices for food products rose by 10.4% in the 12 months to December 2022, while the Food Products, Beverages & Tobacco index saw an increase of 10.3%.
Some of the most notable changes in producer prices for food products over the 12 months to December 2022 were: Dairy Products (+39.5%), Fruit & Vegetables (+19.1%), Grain Milling, Starches & Animal Feeds (+14.6%) and Fish & Fish Products (+13.7%).
The most notable changes in other producer prices in the year were: Wood & Wood Products (+25.4%), Other Non-Metallic Mineral Products (such as glass, ceramics, cement, concrete and stone) (+22.4%), Mining & Quarrying (+11.4%) and Beverages (+11.0%).
Wholesale prices for construction products increased by 0.1% in the month and by 16.2% in the 12 months since December 2021.

Statistician's Comment

Commenting on the release, Jillian Delaney, Statistician in the Prices Division, said: ''During 2022, wholesale electricity prices were highly volatile. Electricity prices increased by 93.2% in December 2022 and were 10.4% higher than in December 2021. The changes in electricity prices over the last two years can be seen in Figure 3. See also Table 5.

Producer prices in several food categories were significantly higher in December 2022 compared with the same month in 2021. Outputs from Irish manufacturers also increased in price in several other categories. See Table 2.

The overall producer price index for the manufacturing industries increased by 2.5% in the 12 months to December 2022. For manufactured products sold on the domestic market, the index was 8.9% higher than this time in 2021, while for products sold for export, the index increased by 2.3%. In the month, the price index for home sales was up 0.1%, while the index for export sales was down by 1.3%. Note that export producer price indices can be influenced by currency fluctuations. See Tables 1 and 2 and Figures 1 and 2.

The All Materials Index for construction products rose by 0.1% in the month and by 16.2% in the year. The Rough Timber (including plain sawn) category has seen large increases over the past two years. However these prices have reduced in recent months and the index is now 15.3% lower than the same period in 2021. See Table 3.''

Wholesale prices for construction products increased by 16.2% over 12 months

Notable annual increases in construction products as shown in Table 3 include:

Structural Steel Fabricated Metal: 57.1%
Plaster: 36.2%
Cement: 29.2%
Ready Mixed Mortar and Concrete: 29.2%
Plumbing Materials incl. Sanitary Ware: 27.9%
PVC Pipes and Fittings: 26.3%

The Building and Construction index (i.e. Materials and Wages) showed no change in the month and rose by 9.9% in the 12 months to December 2022. This index combines the All Materials Index with a measure of the change in wages in the construction sector to provide an overall index for input construction costs. See Table 4.

Wholesale electricity prices increased by 10.4% annually

There was an increase in the price of wholesale electricity in December 2022 with prices 93.2% higher than the previous month. The price of electricity was 10.4% higher than in December 2021. The overall Energy Products Index increased by 72.1% since November 2022 and is up by 10.7% when compared with December 2021. See Figure 3 and Table 5.

Headline Table and Graph

Wholesale Price Index- December 2022
	Price index (Year ‘15=100)	% monthly change	% annual change
Oct 2022	90.2	2.0%	8.0%
Nov 2022	86.7	-3.9%	3.8%
Dec 2022	85.6	-1.3%	2.5%

Open in Excel: Wholesale Price Index December 2022 Headline Table (XLS 10KB)

	Output Price Index
Jan 2016	3.3
Feb 2016	1
Mar 2016	-2.2
Apr 2016	-4.1
May 2016	-1.2
Jun 2016	-1.9
Jul 2016	-1.6
Aug 2016	-1.5
Sep 2016	-2.4
Oct 2016	0.9
Nov 2016	-1.3
Dec 2016	-0.1
Jan 2017	0.6
Feb 2017	0.3
Mar 2017	3.5
Apr 2017	5.4
May 2017	4.5
Jun 2017	2.5
Jul 2017	1
Aug 2017	-0.7
Sep 2017	0.8
Oct 2017	-7.3
Nov 2017	-9.1
Dec 2017	-4.7
Jan 2018	-4.4
Feb 2018	-4.3
Mar 2018	-6.1
Apr 2018	-7.4
May 2018	-5.6
June 2018	-1.3
Jul 2018	-1.2
Aug 2018	-0.3
Sep 2018	0.3
Oct 2018	1.9
Nov 2018	3.1
Dec 2018	-2.3
Jan 2019	0.1
Feb 2019	0.1
Mar 2019	0.4
Apr 2019	0.9
May 2019	-0.7
Jun 2019	-2.4
Jul 2019	-2
Aug 2019	-1.2
Sep 2019	-0.7
Oct 2019	-2.2
Nov 2019	-1.9
Dec 2019	-2
Jan 2020	-4.2
Feb 2020	-1.4
Mar 2020	-5.4
Apr 2020	-8.3
May 2020	-9.3
Jun 2020	-10.4
Jul 2020	-10.6
Aug 2020	-12.4
Sep 2020	-12.4
Oct 2020	-5.1
Nov 2020	-10.7
Dec 2020	-14.5
Jan 2021	-12.6
Feb 2021	-14
Mar 2021	-10.1
Apr 2021	-7
May 2021	-7.6
Jun 2021	-5.3
Jul 2021	-2.1
Aug 2021	-1.4
Sep 2021	-1.9
Oct 2021	-2.6
Nov 2021	0.2
Dec 2021	4.5
Jan 2022	3.5
Feb 2022	2.8
Mar 2022	4.4
Apr 2022	5.2
May 2022	7.3
Jun 2022	6.2
Jul 2022	6.2
Aug 2022	4.7
Sep 2022	6.1
Oct 2022	8
Nov 2022	3.8
Dec 2022	2.5

	Home	Export
Jan 2015	100.2	96.8
Feb 2015	99.6	98.8
Mar 2015	99.9	101.1
Apr 2015	99.8	102.6
May 2015	100	100.2
Jun 2015	99.9	99.8
Jul 2015	100	99.8
Aug 2015	100.3	100.2
Sep 2015	100.2	98.9
Oct 2015	100	96.6
Nov 2015	100	102.8
Dec 2015	100	102.5
Jan 2016	100	100.2
Feb 2016	99.1	99.9
Mar 2016	99.5	98.9
Apr 2016	100.8	98.1
May 2016	100.9	98.9
Jun 2016	101	97.7
Jul 2016	101	98.1
Aug 2016	100.1	98.7
Sep 2016	100	96.4
Oct 2016	100	97.6
Nov 2016	100.1	101.5
Dec 2016	100.1	102.4
Jan 2017	100.4	100.8
Feb 2017	99.2	100.1
Mar 2017	99.5	102.6
Apr 2017	99.5	103.7
May 2017	99.4	103.7
Jun 2017	99.5	100.3
Jul 2017	99.6	99.2
Aug 2017	99.5	97.9
Sep 2017	99.8	97.2
Oct 2017	99.7	90.2
Nov 2017	97.7	91.9
Dec 2017	97.7	97.5
Jan 2018	98	96.4
Feb 2018	98.1	95.7
Mar 2018	98.4	96.1
Apr 2018	98.8	95.6
May 2018	98.6	97.7
Jun 2018	98.9	99
Jul 2018	99	98
Aug 2018	99	97.6
Sep 2018	99.4	97.5
Oct 2018	99.4	92
Nov 2018	99.4	94.9
Dec 2018	99.7	95.2
Jan 2019	100.6	96.4
Feb 2019	101.3	95.6
Mar 2019	101.2	96.4
Apr 2019	101.1	96.5
May 2019	101.1	96.8
Jun 2019	101.1	96.4
Jul 2019	101.3	95.8
Aug 2019	101.4	96.3
Sep 2019	101.3	96.8
Oct 2019	101.1	89.8
Nov 2019	101.3	93
Dec 2019	101	93
Jan 2020	99.7	92.1
Feb 2020	100	94.4
Mar 2020	100.1	91.1
Apr 2020	99.7	88.2
May 2020	99.6	87.5
Jun 2020	99.7	86.1
Jul 2020	99.7	85.2
Aug 2020	99.6	83.9
Sep 2020	99.9	84.3
Oct 2020	99.9	85
Nov 2020	99.5	82.6
Dec 2020	99.6	79.1
Jan 2021	100	79.9
Feb 2021	99.5	80.7
Mar 2021	99.8	81.4
Apr 2021	100.2	81.7
May 2021	100.9	80.4
Jun 2021	101.5	81.2
Jul 2021	102.5	83.2
Aug 2021	102.4	82.5
Sep 2021	102.8	82.4
Oct 2021	103.9	82.7
Nov 2021	104.5	82.5
Dec 2021	105.5	82.5
Jan 2022	107.9	82.5
Feb 2022	105.7	82.8
Mar 2022	106.1	84.9
Apr 2022	107.3	85.9
May 2022	108.9	86.2
Jun 2022	109.6	86.1
Jul 2022	112.2	88.2
Aug 2022	113.2	86.1
Sep 2022	113.5	87.3
Oct 2022	114.6	89.1
Nov 2022	114.8	85.5
Dec 2022	114.9	84.4

	Wholesale Price Index - Electricity
Dec 2020	108.6
Jan 2021	144.7
Feb 2021	106.2
Mar 2021	134.5
Apr 2021	157.7
May 2021	178.5
Jun 2021	175.4
Jul 2021	264.7
Aug 2021	242.6
Sep 2021	360.9
Oct 2021	396.1
Nov 2021	377.8
Dec 2021	462.2
Jan 2022	371.8
Feb 2022	323.5
Mar 2022	541.3
Apr 2022	402.9
May 2022	264.5
Jun 2022	335.6
Jul 2022	493.2
Aug 2022	715.5
Sep 2022	522.9
Oct 2022	251.2
Nov 2022	264.2
Dec 2022	510.4

Table 1 Manufacturing Industries Output Price Indices (excluding VAT)

Table 1 Manufacturing Industries Output Price Indices (excluding VAT)
							Base: Year 2015 as 100
Period		Manufacturing Industries Output Price Index			Manufacturing Industries Output Price Index (Home Sales)			Manufacturing Industries Output Price Index (Export Sales)
		Manufacturing Industries Output Price Index			Manufacturing Industries Output Price Index (Home Sales)			Manufacturing Industries Output Price Index (Export Sales)
		Price Index	% Change on preceding period	Annual % change	Price Index	% Change on Preceding Period		Price Index	% Change on Preceding Period
		Price Index	% Change on preceding period	Annual % change	Price Index	% Change on Preceding Period		Price Index	% Change on Preceding Period
2015	Year	100.0	-	-	100.0	-		100.0	-
2016	Year	99.1	-0.9	-0.9	100.2	0.2		99.0	-1.0
2017	Year	98.8	-0.3	-0.3	99.3	-0.9		98.8	-0.2
2018	Year	96.4	-2.4	-2.4	98.9	-0.4		96.3	-2.5
2019	Year	95.5	-0.9	-0.9	101.2	2.3		95.2	-1.1
2020	Year	87.2	-8.7	-8.7	99.8	-1.4		86.6	-9.0
2021	Year	82.6	-5.3	-5.3	102.0	2.2		81.8	-5.5
2022	Year	86.8	5.1	5.1	110.7	8.5		85.8	4.9

2015	Quarter 1	99.0	-	-	99.9	-		98.9	-
	Quarter 2	100.8	1.8	-	99.9	0.0		100.9	2.0
	Quarter 3	99.6	-1.2	-	100.2	0.3		99.6	-1.3
	Quarter 4	100.6	1.0	-	100.0	-0.2		100.6	1.0

2016	Quarter 1	99.6	-1.0	0.6	99.5	-0.5		99.7	-0.9
	Quarter 2	98.4	-1.2	-2.4	100.9	1.4		98.2	-1.5
	Quarter 3	97.8	-0.6	-1.8	100.4	-0.5		97.7	-0.5
	Quarter 4	100.5	2.8	-0.1	100.1	-0.3		100.5	2.9

2017	Quarter 1	101.1	0.6	1.5	99.7	-0.4		101.2	0.7
	Quarter 2	102.4	1.3	4.1	99.5	-0.2		102.6	1.4
	Quarter 3	98.2	-4.1	0.4	99.6	0.1		98.1	-4.4
	Quarter 4	93.4	-4.9	-7.1	98.4	-1.2		93.2	-5.0

2018	Quarter 1	96.1	2.9	-4.9	98.2	-0.2		96.1	3.1
	Quarter 2	97.5	1.5	-4.8	98.8	0.6		97.4	1.4
	Quarter 3	97.8	0.3	-0.4	99.1	0.3		97.7	0.3
	Quarter 4	94.2	-3.7	0.9	99.5	0.4		94.0	-3.8

2019	Quarter 1	96.3	2.2	0.2	101.0	1.5		96.1	2.2
	Quarter 2	96.8	0.5	-0.7	101.1	0.1		96.6	0.5
	Quarter 3	96.5	-0.3	-1.3	101.3	0.2		96.3	-0.3
	Quarter 4	92.3	-4.4	-2.0	101.1	-0.2		91.9	-4.6

2020	Quarter 1	92.8	0.5	-3.6	99.9	-1.2		92.5	0.7
	Quarter 2	87.8	-5.4	-9.3	99.7	-0.2		87.3	-5.6
	Quarter 3	85.1	-3.1	-11.8	99.7	0.0		84.5	-3.2
	Quarter 4	83.0	-2.5	-10.1	99.7	0.0		82.2	-2.7

2021	Quarter 1	81.5	-1.8	-12.2	99.8	0.1		80.7	-1.8
	Quarter 2	81.9	0.5	-6.7	100.9	1.1		81.1	0.5
	Quarter 3	83.5	2.0	-1.9	102.6	1.7		82.7	2.0
	Quarter 4	83.5	0.0	0.6	104.6	1.9		82.6	-0.1

2022	Quarter 1	84.4	1.1	3.6	106.6	1.9		83.4	1.0
	Quarter 2	87.0	3.1	6.2	108.6	1.9		86.1	3.2
	Quarter 3	88.3	1.5	5.7	113.0	4.1		87.2	1.3
	Quarter 4	87.5	-0.9	4.8	114.8	1.6		86.3	-1.0

2015	January	97.0	-	-	100.2	-		96.8	-
	February	98.8	1.9	-	99.6	-		98.8	-
	March	101.1	2.3	-	99.9	-		101.1	-
	April	102.4	1.3	-	99.8	-		102.6	-
	May	100.2	-2.1	-	100.0	-		100.2	-
	June	99.8	-0.4	-	99.9	-		99.8	-
	July	99.8	0.0	-	100.0	-		99.8	-
	August	100.2	0.4	-	100.3	-		100.2	-
	September	98.9	-1.3	-	100.2	-		98.9	-
	October	96.8	-2.1	-	100.0	-		96.6	-
	November	102.7	6.1	-	100.0	-		102.8	-
	December	102.4	-0.3	-	100.0	-		102.5	-

2016	January	100.2	-2.1	3.3	100.0	0.0		100.2	-2.2
	February	99.8	-0.4	1.0	99.1	-0.9		99.9	-0.3
	March	98.9	-0.9	-2.2	99.5	0.4		98.9	-1.0
	April	98.2	-0.7	-4.1	100.8	1.3		98.1	-0.8
	May	99.0	0.8	-1.2	100.9	0.1		98.9	0.8
	June	97.9	-1.1	-1.9	101.0	0.1		97.7	-1.2
	July	98.2	0.3	-1.6	101.0	0.0		98.1	0.4
	August	98.7	0.5	-1.5	100.1	-0.9		98.7	0.6
	September	96.5	-2.2	-2.4	100.0	-0.1		96.4	-2.3
	October	97.7	1.2	0.9	100.0	0.0		97.6	1.2
	November	101.4	3.8	-1.3	100.1	0.1		101.5	4.0
	December	102.3	0.9	-0.1	100.1	0.0		102.4	0.9

2017	January	100.8	-1.5	0.6	100.4	0.3		100.8	-1.6
	February	100.1	-0.7	0.3	99.2	-1.2		100.1	-0.7
	March	102.4	2.3	3.5	99.5	0.3		102.6	2.5
	April	103.5	1.1	5.4	99.5	0.0		103.7	1.1
	May	103.5	0.0	4.5	99.4	-0.1		103.7	0.0
	June	100.3	-3.1	2.5	99.5	0.1		100.3	-3.3
	July	99.2	-1.1	1.0	99.6	0.1		99.2	-1.1
	August	98.0	-1.2	-0.7	99.5	-0.1		97.9	-1.3
	September	97.3	-0.7	0.8	99.8	0.3		97.2	-0.7
	October	90.6	-6.9	-7.3	99.7	-0.1		90.2	-7.2
	November	92.2	1.8	-9.1	97.7	-2.0		91.9	1.9
	December	97.5	5.7	-4.7	97.7	0.0		97.5	6.1

2018	January	96.4	-1.1	-4.4	98.0	0.3		96.4	-1.1
	February	95.8	-0.6	-4.3	98.1	0.1		95.7	-0.7
	March	96.2	0.4	-6.1	98.4	0.3		96.1	0.4
	April	95.8	-0.4	-7.4	98.8	0.4		95.6	-0.5
	May	97.7	2.0	-5.6	98.6	-0.2		97.7	2.2
	June	99.0	1.3	-1.3	98.9	0.3		99.0	1.3
	July	98.0	-1.0	-1.2	99.0	0.1		98.0	-1.0
	August	97.7	-0.3	-0.3	99.0	0.0		97.6	-0.4
	September	97.6	-0.1	0.3	99.4	0.4		97.5	-0.1
	October	92.3	-5.4	1.9	99.4	0.0		92.0	-5.6
	November	95.1	3.0	3.1	99.4	0.0		94.9	3.2
	December	95.3	0.2	-2.3	99.7	0.3		95.2	0.3

2019	January	96.5	1.3	0.1	100.6	0.9		96.4	1.3
	February	95.9	-0.6	0.1	101.3	0.7		95.6	-0.8
	March	96.6	0.7	0.4	101.2	-0.1		96.4	0.8
	April	96.7	0.1	0.9	101.1	-0.1		96.5	0.1
	May	97.0	0.3	-0.7	101.1	0.0		96.8	0.3
	June	96.6	-0.4	-2.4	101.1	0.0		96.4	-0.4
	July	96.0	-0.6	-2.0	101.3	0.2		95.8	-0.6
	August	96.5	0.5	-1.2	101.4	0.1		96.3	0.5
	September	96.9	0.4	-0.7	101.3	-0.1		96.8	0.5
	October	90.3	-6.8	-2.2	101.1	-0.2		89.8	-7.2
	November	93.3	3.3	-1.9	101.3	0.2		93.0	3.6
	December	93.4	0.1	-2.0	101.0	-0.3		93.0	0.0

2020	January	92.4	-1.1	-4.2	99.7	-1.3		92.1	-1.0
	February	94.6	2.4	-1.4	100.0	0.3		94.4	2.5
	March	91.4	-3.4	-5.4	100.1	0.1		91.1	-3.5
	April	88.7	-3.0	-8.3	99.7	-0.4		88.2	-3.2
	May	88.0	-0.8	-9.3	99.6	-0.1		87.5	-0.8
	June	86.6	-1.6	-10.4	99.7	0.1		86.1	-1.6
	July	85.8	-0.9	-10.6	99.7	0.0		85.2	-1.0
	August	84.5	-1.5	-12.4	99.6	-0.1		83.9	-1.5
	September	84.9	0.5	-12.4	99.9	0.3		84.3	0.5
	October	85.7	0.9	-5.1	99.9	0.0		85.0	0.8
	November	83.3	-2.8	-10.7	99.5	-0.4		82.6	-2.8
	December	79.9	-4.1	-14.5	99.6	0.1		79.1	-4.2

2021	January	80.8	1.1	-12.6	100.0	0.4		79.9	1.0
	February	81.4	0.7	-14.0	99.5	-0.5		80.7	1.0
	March	82.2	1.0	-10.1	99.8	0.3		81.4	0.9
	April	82.5	0.4	-7.0	100.2	0.4		81.7	0.4
	May	81.3	-1.5	-7.6	100.9	0.7		80.4	-1.6
	June	82.0	0.9	-5.3	101.5	0.6		81.2	1.0
	July	84.0	2.4	-2.1	102.5	1.0		83.2	2.5
	August	83.3	-0.8	-1.4	102.4	-0.1		82.5	-0.8
	September	83.3	0.0	-1.9	102.8	0.4		82.4	-0.1
	October	83.5	0.2	-2.6	103.9	1.1		82.7	0.4
	November	83.5	0.0	0.2	104.5	0.6		82.5	-0.2
	December	83.5	0.0	4.5	105.5	1.0		82.5	0.0

2022	January	83.6	0.1	3.5	107.9	2.3		82.5	0.0
	February	83.7	0.1	2.8	105.7	-2.0		82.8	0.4
	March	85.8	2.5	4.4	106.1	0.4		84.9	2.5
	April	86.8	1.2	5.2	107.3	1.1		85.9	1.2
	May	87.2	0.5	7.3	108.9	1.5		86.2	0.3
	June	87.1	-0.1	6.2	109.6	0.6		86.1	-0.1
	July	89.2	2.4	6.2	112.2	2.4		88.2	2.4
	August	87.2	-2.2	4.7	113.2	0.9		86.1	-2.4
	September	88.4	1.4	6.1	113.5	0.3		87.3	1.4
	October	90.2	2.0	8.0	114.6	1.0		89.1	2.1
	November	86.7	-3.9	3.8	114.8	0.2		85.5	-4.0
	December	85.6	-1.3	2.5	114.9	0.1		84.4	-1.3

Open in Excel: Wholesale Price Index December 2022 Table 1 (XLS 19KB)

Table 2 Industrial Producer Price Indices (excluding VAT)

Table 2 Industrial Producer Price Indices (excluding VAT)
Base: Year 2015 as 100
Industrial Sector	NACE code¹	Index			Monthly % Change		Annual % Change
		Nov 2022	Dec 2022	Year 2022	Nov 2022	Dec 2022	Dec 2022	Year³ 2022
		Nov 2022	Dec 2022	Year 2022	Nov 2022	Dec 2022	Dec 2022	Year³ 2022
Food Products	10	109.1	108.3	108.0	-1.9	-0.7	10.4	8.7
Meat and meat products	101	115.4	116.8	117.3	0.3	1.2	3.6	12.2
Fish and fish products	102	149.6	149.9	143.0	-3.0	0.2	13.7	12.2
Fruit and vegetables	103	113.1	116.0	103.1	0.0	2.6	19.1	6.2
Vegetable and animal oils and fats	104	100.1	101.2	101.9	-0.5	1.1	0.1	3.8
Dairy products	105	188.5	183.7	167.5	1.3	-2.5	39.5	44.4
Grain milling, starches and animal feeds	106,109	123.4	124.1	118.4	0.8	0.6	14.6	11.2
Bakery and farinaceous products	107	98.0	98.2	96.7	0.2	0.2	3.9	2.1
Other food products	108	89.2	87.9	91.0	-4.6	-1.5	6.0	-1.6
Beverages	11	108.1	107.7	102.8	-1.6	-0.4	11.0	6.3
Tobacco	12	..	..	..	..	..	..	..
Textiles	13	103.0	103.1	110.0	-7.9	0.1	-7.2	-0.6
Wearing apparel	14	111.4	111.4	110.5	0.0	0.0	2.1	1.2
Leather and leather products (incl. footwear); dressing and dyeing of fur	15	102.7	102.7	102.5	0.0	0.0	0.4	0.4
Wood and wood products	16	168.3	163.3	157.9	0.1	-3.0	25.4	32.5
Pulp, paper and paper products	17	104.1	104.3	101.3	-0.1	0.2	7.5	7.3
Printing and reproduction of recorded media	18	104.7	105.3	103.6	-0.2	0.6	5.0	5.0
Coke and refined petroleum products	19	..	..	..	..	..	..	..
Chemicals and chemical products	20	101.1	101.1	100.6	-0.2	0.0	2.2	2.1
Basic pharmaceutical products and pharmaceutical preparations	21	..	..	..	..	..	..	..
Rubber and plastic products	22	116.9	117.4	114.3	-0.3	0.4	10.7	13.3
Other non-metallic mineral products	23	140.3	141.6	131.1	4.9	0.9	22.4	20.3
Basic metals	24	127.9	128.0	131.3	-1.2	0.1	4.0	22.1
Fabricated metal products, except machinery and equipment	25	115.1	115.5	111.5	-0.3	0.3	7.6	7.0
Computer, electronic and optical products	26	..	..	..	..	..	..	..
Electrical equipment	27	99.2	99.2	98.4	-0.6	0.0	8.8	9.2
Machinery and equipment n.e.c.	28	..	..	..	..	..	..	..
Motor vehicles, trailers and semi-trailers	29	107.7	107.8	107.6	0.0	0.1	0.7	1.8
Other transport equipment	30	114.5	114.8	114.3	0.0	0.3	1.8	2.6
Furniture	31	128.5	128.5	124.1	0.0	0.0	10.2	9.6
Other Manufacturing	32	..	..	..	..	..	..	..
Repair and installation of machinery and equipment	33	..	..	..	..	..	..	..
Mining and quarrying	05-09	128.1	128.4	126.8	0.4	0.2	11.4	17.8

Total transportable goods industries		86.9	85.8	86.9	-3.8	-1.3	2.6	5.1

Food products, Beverages and Tobacco Products	10-12	108.6	107.8	107.4	-1.9	-0.7	10.3	8.4
Manufacturing industries excluding Food Products		83.5	82.3	83.7	-4.1	-1.4	1.1	4.5
Manufacturing industries excluding Food Products, Beverages and Tobacco Products		83.2	82.1	83.5	-4.3	-1.3	1.1	4.5
Intermediate goods industries (except energy)		..	..	..	..	..	..	..
Capital goods industries		..	..	..	..	..	..	..
Durable consumer goods industries		..	..	..	..	..	..	..
Non-durable consumer goods industries		..	..	..	..	..	..	..

Manufacturing industries (home sales)²		114.8	114.9	110.7	0.2	0.1	8.9	8.5
Manufacturing industries (export sales)²		85.5	84.4	85.8	-4.0	-1.3	2.3	4.9
Total manufacturing industries²		86.7	85.6	86.8	-3.9	-1.3	2.5	5.1
¹ Nace Rev. 2 Statistical classification of economic activities in the European Community.
² Excludes Mining and quarrying.
³ Annual average for 2022 relative to the annual average for 2021.
* Data suppressed for confidentiality reasons

Open in Excel: Wholesale Price Index December 2022 Table 2 (XLS 14KB)

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Table 2A Contribution to changes in the Manufacturing Output Price Index, December 2022 (Table 2)

Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials

Table 3 Detailed Wholesale Price Indices (excluding VAT) for Building and Construction Materials
Base: Year 2015 as 100
Materials	Index			Monthly % Change		Annual % Change
	Nov 2022	Dec 2022	Year 2022	Nov 2022	Dec 2022	Dec 2022	Year¹ 2022
	Nov 2022	Dec 2022	Year 2022	Nov 2022	Dec 2022	Dec 2022	Year¹ 2022
Stone, sand and gravel	116.4	123.3	118.1	-5.5	5.9	12.5	9.9
Stone	113.5	121.3	116.3	-6.7	6.9	11.4	9.5
Sand and gravel	131.1	133.0	126.7	0.3	1.4	17.6	11.3
Cement	168.6	168.6	150.3	7.9	0.0	29.2	19.1
Ready mixed mortar and concrete	146.0	142.2	128.4	3.7	-2.6	29.2	20.7
Concrete blocks and bricks	128.7	129.6	120.0	1.2	0.7	20.3	13.9
Other concrete products including precast	128.1	128.9	123.8	0.0	0.6	11.7	13.1
Precast concrete	152.5	155.3	144.7	0.0	1.8	23.2	23.9
Other concrete products (excluding precast concrete)	125.8	125.8	122.2	0.0	0.0	7.3	10.3
Structural steel and reinforcing metal	199.1	197.8	185.2	-0.5	-0.7	34.2	38.9
Structural steel	204.7	204.0	182.3	0.1	-0.3	50.4	41.2
Structural steel fabricated metal	207.7	207.7	181.2	0.5	0.0	57.1	42.1
Other Structural steel	179.8	173.4	191.3	-3.4	-3.6	6.1	34.1
Reinforcing metal	190.5	188.3	189.7	-1.4	-1.2	13.8	35.8
Other steel products	117.9	117.9	114.8	0.0	0.0	6.7	6.4
Rough timber (including plain sawn)	155.7	154.5	176.1	-2.0	-0.8	-15.3	14.8
Rough timber (hardwood)	98.9	98.9	121.6	-21.6	0.0	-21.6	5.5
Rough timber (softwood)	162.9	161.5	182.9	0.0	-0.9	-14.7	15.6
Machined, treated engineered timber	174.7	174.8	167.1	0.1	0.1	11.2	32.4
Wooden windows and doors	140.1	140.2	131.6	0.2	0.1	13.9	17.0
Other treated timber	216.6	216.6	210.0	0.0	0.0	9.3	47.4
Bituminous macadam, asphalt and bituminous emulsions	120.0	121.9	114.7	-1.5	1.6	18.7	13.7
Bituminous macadam and asphalt	119.5	121.4	114.2	-1.5	1.6	18.4	13.3
Bituminous emulsions	135.9	135.6	128.3	0.0	-0.2	24.6	23.6
Electrical fittings	135.9	136.3	130.4	0.9	0.3	7.3	9.9
Lighting equipment	107.3	107.3	107.3	0.0	0.0	0.0	0.0
Protection & communication equipment	120.4	121.1	110.5	4.5	0.6	13.9	5.0
All other materials	133.9	133.8	126.4	1.4	-0.1	15.9	14.5
Plumbing materials incl. sanitary ware	146.1	146.1	133.9	2.0	0.0	27.9	21.9
HVAC (heating & ventilation equipment)	117.4	117.4	113.3	0.0	0.0	6.7	5.2
Insulating materials	130.3	130.3	125.1	0.0	0.0	13.7	15.6
Pipes and fittings	146.6	146.6	136.1	0.0	0.0	24.1	19.1
PVC pipes and fittings	164.8	164.8	154.4	0.0	0.0	26.3	25.3
Copper pipes and fittings	140.7	140.7	130.2	0.0	0.0	23.3	16.9
Plaster	187.1	192.3	165.4	4.9	2.8	36.2	25.4
Paints, oils and varnishes	149.3	149.3	140.4	0.1	0.0	18.3	13.0
Glass	98.5	98.5	98.5	0.0	0.0	4.7	5.7
All other metal fittings	117.4	117.4	116.9	0.0	0.0	1.7	2.1
All other products	126.1	125.3	119.9	2.5	-0.6	11.4	12.1
All materials	142.8	142.9	135.5	0.6	0.1	16.2	17.5
¹ Annual average for 2022 relative to the annual average for 2021.

Open in Excel: Wholesale Price Index December 2022 Table 3 (XLS 12KB)

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For more information on the categories of products in Table 3 see Description of Products for Building and Construction.

Table 4 Capital Goods Price Indices (excluding VAT)

Annual Average Price Changes in Building and Construction Materials for 2022

Prices in some construction materials showed large increases during 2022. Timber prices increased, with the 2022 average price for Machined, Treated, Engineered Timber up 32.4% while Rough Timber (including plain sawn) increased by 14.8% on 2021. Prices for steel products also increased, with the overall category Structural Steel and Reinforcing Metal up by 38.9%. The All Materials index increased by 17.5% on the 2021 average. See Table 3.

Annual Average Price Changes in Energy Products for 2022

There were large increases in wholesale electricity prices during 2022, with prices up 66.5% compared to the 2021 average. This comes after an increase of 260.4% during 2021. Other wholesale energy fuels also increased in price, and the index for all energy products was up by 59.7% on 2021. See Table 5.

Table 5 Wholesale Price Indices (excluding VAT) for Energy Products (i.e. Fuels purchased by Manufacturing Industry)

Annual Average Price Changes in Wholesale Prices for 2022

Overall prices received by Irish manufacturers increased by 5.1% in 2022 following on from a decrease of 5.3% in 2021. The price index for goods sold on the home market increased by 8.5% in 2022, having increased by 2.2% in 2021. The price index for exported goods increased by 4.9% in 2022 following a decrease of 5.5% in the previous year. See Table 6.

Producer prices were affected by a number of factors during 2022 including fluctuations in the Euro exchange rate and market supply and demand. The average exchange rate for the US dollar and Sterling are shown in Table 7 below. Other global factors including the war in Ukraine and COVID-19 also had a major effect on market supply and demand during the year.

Table 6 Annual average % change in Producer Price Indices for home, export and total sales, 2015-2022

Table 7 Annual average exchange rates 2015-2022

Food, Beverages and Tobacco

The overall index for the Food, Beverages and Tobacco sector increased by 8.4% in 2022 compared with an increase of 0.2% in 2021. The index for Food Products increased by 8.7% in 2022 while Beverages increased by 6.3%.

Within the Food sector, prices increased for Dairy Products (+44.4%), Meat and Meat Products (+12.2%), Fish, Crustaceans and Molluscs (+12.2%) and Grain Mill and Starch Products, Prepared Animal Feeds (+11.2%). Prices decreased for Other Food Products (-1.6%). See Table 8.

Table 8 Annual average % change in Producer Price Indices for Food, Beverages and Tobacco products, 2022

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Table 7 Annual average exchange rates, 2015 - 2022
Exchange rate	€ 2015	€ 2016	€ 2017	€ 2018	€ 2019	€ 2020	€ 2021	€ 2022
Pound Sterling	0.7257	0.8204	0.8761	0.8840	0.8758	0.8897	0.8596	0.8528
US Dollar	1.1121	1.1066	1.1259	1.1822	1.1199	1.1422	1.1827	1.053
Source: European Central Bank

Wholesale Price Index December 2022