Latest news with #CSOWholesalePriceIndex
Agriland
27-05-2025
- Business
- Agriland
CSO: Slight decrease in cereal crop production in 2024
Production of wheat, barley, and oats decreased by 1.4%in 2024 when compared with 2023, according to data released by the Central Statistics Office (CSO) today (May 27). Last year (2024), Ireland's production of the three main cereals decreased by 27,900t, to 2.012 million tonnes when compared to 2023. Wheat yield also dropped by 7%, or 0.7t per hectare. Meanwhile, oats yield increased by 4.3% to 0.3t per hectare, and barley yield increased by 6.6% to 0.5t per hectare. However, wheat production in 2024 fell by 20.5%, or 106,300t, to 413,600t when compared to 2023. Production of oats rose by 14% to 29,000t, and production of barley rose by 3.8% to 49,400t. Beans and peas production also increased, by 18.4% to 96,200t in comparison with 2023. According to the CSO, oilseed rape production was down by 30,600t, or 31.4%, to 66,800t. The production of potatoes increased by 14.3% or 46,100t to 368,300t in 2024. The CSO's statistician in agriculture surveys, Stephanie Kelleher said: 'Overall, there was a slight decrease, in the production of the three main cereals grown in Ireland in 2024 compared with 2023. 'The reduction was due to a drop in the production of winter cereals, with winter wheat down 125,500t, winter oats by 18,900t and winter barley by 110,000t.' 'Some of the reduction was offset by an increase annually in the production of spring cereals, spring wheat increased by 19,100t, spring oats by 47,900t, and spring barley by 159,500t,' Kelleher added. CSO Last week (May 22), a report from the CSO showed producer prices for dairy products increased by 22.0% over the 12 months to April 2025. Overall producer prices for food products increased by 5.1% over the same timeframe, according to the latest statistics. The CSO Wholesale Price Index for April 2025 highlights that in the year to April, prices paid to producers for meat and meat products also increased by 7.3%. However, prices paid to producers for vegetables and animal oils and fats slumped by 16.2%.
Agriland
22-05-2025
- Business
- Agriland
CSO: Producer prices for dairy products jumped 22.0% in year to April
A new report from the Central Statistics Office (CSO) shows producer prices for dairy products increased by 22.0% over the 12 months to April 2025. Overall producer prices for food products increased by 5.1% over the same timeframe, according to the latest statistics. The CSO Wholesale Price Index for April 2025 highlights that in the year to April, prices paid to producers for meat and meat products also increased by 7.3%. However, prices paid to producers for vegetables and animal oils and fats slumped by 16.2%. CSO According to Deirdre Toher, statistician in the CSO prices division, wholesale price inflation showed a decrease in April 2025 with a 1.4% decline in the overall producer price Index for manufacturing industries in the month. Toher added: 'The price index for export sales was down by 1.6% since March 2025, while the index for home sales was down by 0.1% in the month. 'Producer prices for products sold on the domestic market were 0.9% higher in April 2025 compared with April 2024. In the 12 months to April 2025, export producer prices fell by 4.0%, while overall producer prices were down by 3.6%'. The latest CSO report also shows that wholesale electricity prices have fallen by 71.3% when compared with the peak that occurred in August 2022. Wholesale electricity prices dropped by 15.7% in April 2025 when compared with March 2025 but were 25.6% higher than April 2024. The price index for all energy fuels fell by 0.8% in April 2025 and was down by 9.1% in the year since April 2024. Construction products Meanwhile, wholesale prices for construction products grew by 0.2% in the month to April 2025 and rose by 1.0% in the 12 months since April 2024. The most 'notable annual increases and decreases' in construction products, according to the CSO, were: All Other Metal Fittings (+7.4%); Cement (+5.7%); Sand & Gravel (+5.4%); Plaster (+5.2%); Bituminous Emulsions (+4.8%); Reinforcing Metal (-7.4%).
