Latest news with #AnthonyDawson
Agriland
5 days ago
- Business
- Agriland
CSO: Consumer price index up as beef and butter rise
The Consumer Price Index (CPI) rose by 1.7% between July 2024 and July 2025, new figures from the Central Statistics Office (CSO) show. This is down from an annual increase of 1.8% in the 12 months to June 2025, the CSO said on Thursday. Excluding energy and unprocessed food, the CPI grew by 1.8% in the 12 months to July 2025. The divisions with the largest increases in the 12 months to July 2025 were food and non-alcoholic beverages (4.7%) and alcoholic beverages and tobacco (3%). The divisions to record the largest declines when compared with July 2024 were transport (2.8%) and clothing and footwear (2.4%). Consumer prices rose by 0.1% in the month between June 2025 and July 2025. Commenting on the figures, Anthony Dawson, statistician in the prices division, said: 'Today's release of the CPI shows that prices for consumer goods and services in July 2025 rose by 1.7% on average when compared with July 2024. "The annual change in food and non-alcoholic beverages costs reflects a rise in prices across a range of products, such as beef, veal and butter." The national average prices for selected goods and services for July 2025 were also published by the CSO today. The national average prices are compiled together with the CPI. Dawson explained: 'There were price increases in the 12 months to July 2025 for a pound of butter (€1.08), Irish cheddar per kg (70c), two litres of full fat milk (28c), an 800g loaf of white sliced pan (5c), and an 800g loaf of brown sliced pan (3c). "There were decreases in the price of a 2.5kg bag of potatoes (33c) and spaghetti per 500g (4c) when compared with July 2024.'
The Journal
5 days ago
- Business
- The Journal
Cost of food, drinks and tobacco has risen significantly over the last year, CSO data shows
THE COST OF food, drinks and tobacco has risen significantly over the last year, according to the Central Statistics Office (CSO). The CSO's Consumer Price Index for July 2025 showed that prices for consumer goods rose by 1.7% on average compared to July 2024. The most significant increases were seen in food and non-alcoholic beverages, which rose by 4.7%, and alcoholic beverages and tobacco, which rose by 3%. Advertisement At the same time, the cost of clothing and footwear declined by 2.4% and the cost of transport fell by 2.8%. The CSO also published the national average prices for consumer goods today. 'There were price increases in the 12 months to July 2025 for a pound of butter (+€1.08), Irish cheddar per kg (+70c), two litres of full fat milk (+28c), an 800g loaf of white sliced pan (+5c), and an 800g loaf of brown sliced pan (+3c),' said Anthony Dawson of the CSO. 'There were decreases in the price of a 2.5kg bag of potatoes (-33c) and spaghetti per 500g (-4c) when compared with July 2024.' Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
Irish Independent
5 days ago
- Business
- Irish Independent
Cost of cod fillets up almost €5 in a year, as food prices soar
New figures show that the cost of fish, meat, milk, butter and cheese have surged in the last year. Cod fillets are now almost €5 more expensive per kilogram (kg) than they were a year ago. Food prices are surging almost three times faster than general inflation, according to July inflation figures from the Central Statistics Office. The latest food inflation figures come as the Competition and Consumer Protection Commission found no evidence of price gouging by supermarkets in the Irish market. Cod fillets now cost €25.26 per kg. This is up by €4.89 in the past year. In percentage terms it is a rise of 24pc. Diced beef prices have jumped by a similar percentage. This meat product now costs €13.39 per kg, a rise of €2.62 when compared with the price in supermarkets and butchers a year ago, the CSO figures show. Butter is now €1.08 a pound more expensive than last year. CSO statisticians found that a pound of butter is now €4.87, fast approaching the psychologically important €5 mark. Milk is also up in price, as farm gate prices have surged in the last year. ADVERTISEMENT Two litres of full-fat milk now costs €2.47, a rise of 28c since July last year. This is a 13pc rise. Cheddar cheese has shot up by 24pc in cost. Buying a kilogram of cheddar now costs €11.19, a rise of 70c per kg. Overall inflation was recorded at 1.7pc for July, down from 1.8pc in July. But food and non-alcoholic beverages was up by 4.7pc over the 12-month period, putting massive pressure on family budgets. Food and non-alcoholic beverages was the division to record the largest increase in the 12 months to July, the CSO said. Health insurance costs were up by 9pc in the year, as all four health insurers have pushed up premiums. The three largest insurers – VHI, Laya and Irish Life – had announced multiple price rises in the last year. Motor insurance costs are up for the 23th month in a row, with a rise of 6.5pc. Home insurance increases have eased off, with this up by 3.3pc in July. CSO statistician Anthony Dawson said: 'There were price increases in the 12 months to July 2025 for a pound of butter (+€1.08), Irish cheddar per kg (+70c), two litres of full fat milk (+28c), an 800g loaf of white sliced pan (+5c), and an 800g loaf of brown sliced pan (+3c). There were decreases in the price of a 2.5kg bag of potatoes (-33c) and spaghetti per 500g (-4c) when compared with July 2024.' For the month of July, consumer prices rose by 0.1pc. The divisions with the largest growth in the month were recreation and culture at plus-1.8pc, and transport at plus-1.1pc. The division with the largest declines in the month were clothing and footwear
Irish Examiner
5 days ago
- Business
- Irish Examiner
No evidence of price gouging in supermarkets, says consumer watchdog
There is no evidence of price gouging in Ireland's supermarket industry, the State's consumer watchdog has said. Publishing the findings of its latest analysis of the sector, the Competition and Consumer Protection Commission (CCPC) has said while food prices have increased significantly in recent years in Ireland, 'there is no evidence that competition is not working in the Irish grocery retail sector'. 'Food price increases have generally remained below the European average, which coincides with increasing competition in Ireland,' it said. The data available on profit margins does not indicate that margins are notably high when compared to international comparators. The CCPC said the rate of increase for grocery prices was at a slower pace than some of the key input costs, such as agricultural prices, which suggests competition in the market has helped to limit the impacts. However, the review did point to 'upward pressures' in agricultural output prices in the last year as being an 'underlying factor in recent grocery inflation'. Social Democrats TD Jennifer Whitmore said price spikes in agri-food supply chains must be investigated, and said it was unacceptable the CCPC did not have access to all the relevant data for its analysis. 'Not all of the large supermarket chains publish their Irish profits,' she said. 'It is wholly unsatisfactory for the consumer regulator to be denied information that is necessary for it to do its job — and it is outrageous that the Government has not acted to force large supermarket chains to publish their profits.' Households feeling the pinch It all comes as households are still feeling the pinch to a much greater extent at the grocery tills, as new figures showed the cost of food was still rising at almost three times the rate of general inflation. The latest Consumer Price Index from the Central Statistics Office showed prices have risen 1.7% across the Irish economy in the past 12 months, while food and non-alcoholic drinks rose 4.7% in the same period. Consumers are also feeling a stronger pinch when it comes to eating and drinking out, according to the data. In the past 12 months, a drink in a pub has risen 3.7%, while the cost of restaurants, cafes, fast food and takeaways have risen 3.5%. Digging into the CSO data, it shows many common purchases at supermarket checkouts have surged in price in the past year. Beef and veal have risen by 23%, lamb and goat are up 17%, whole milk is up 12%, butter is up 19.4%, and chocolate has risen by 16%. Some of our favourite non-alcoholic tipples have also risen significantly, with coffee up 12.7% and fruit and vegetable juices up 7.4%. Breaking some of them down by average price, CSO statistician Anthony Dawson said: 'There were price increases in the 12 months to July 2025 for a pound of butter (+€1.08), Irish cheddar per kg (+70c), two litres of full fat milk (+28c), an 800g loaf of white sliced pan (+5c), and an 800g loaf of brown sliced pan (+3c).' In better news for consumers, the cost of transport (-2.8%) and clothing and footwear (-2.4%) have fallen in the past 12 months.
Agriland
31-07-2025
- Business
- Agriland
Cso Food Prices Up 0 2 in the Last Month
The Flash Estimate for the Harmonised Index of Consumer Prices (HICP) July 2025 published by the Central Statistics Office (CSO) shows an increase of 0.2% on food prices over the last month. The overall EU HICP for Ireland is estimated to have increased by 1.6% in the 12 months to July 2025 and increased by 0.2% since June 2025. This compares with HICP inflation of 1.6% in Ireland in the 12 months to June 2025 and an annual increase of 2% in the HICP for the Eurozone in the same period. Looking at the components of the flash HICP for Ireland in July 2025, energy prices are estimated to have grown by 1.5% in the month and fallen by 0.3% over the 12 months to July 2025. Food prices are estimated to have risen by 0.2% in the last month and risen by 4.6% in the last 12 months. The HICP excluding energy and unprocessed food is estimated to have grown by 1.7% since July 2024. Commenting on the data published today, statistician in the CSO Prices Division, Anthony Dawson said: 'The latest Flash Estimate of the Harmonised Index of Consumer Prices (HICP), compiled by the CSO, indicates that prices for consumer goods and services in Ireland are estimated to have increased by 1.6% in the past year. "Looking at the components of the flash HICP in Ireland for July 2025, energy prices are estimated to have increased by 1.5% in the month and decreased by 0.3% since July 2024. "The HICP excluding energy and unprocessed food prices, is estimated to have grown by 1.7% since July 2024. "Food prices are estimated to have risen by 0.2% in the last month and risen by 4.6% in the last 12 months. "Transport costs have grown by 1.2% in the month and declined by 2.7% in the 12 months to July 2025, he said. The corresponding rate for the Eurozone will be published tomorrow (Friday, August 1). The Consumer Price Index (CPI) is the official measure of inflation for Ireland and is published monthly by the CSO. The HICP is an index of consumer prices that has been harmonised to allow comparisons across Eurozone countries.
