New figures from the Central Statistics Office show that wholesale electricity prices dropped by 14.9% in February from January and were 23.3% lower than February last year.<\/p>\n
The CSO said that wholesale electricity prices have fallen by 72.1% when compared with their peak in August 2022.<\/p>\n
But the CSO noted that as these results are for February, they do not capture the impact of the recent events in the Middle East.<\/p>\n
Today’s figures also reveal that producer prices for food products declined by 0.7% since January 2026 and fell by 2.9% since February last year.<\/p>\n
They also show that wholesale price inflation showed a decrease in February with a 1.1% decline in the overall Producer Price Index for manufacturing industries in the month.<\/p>\n","protected":false},"excerpt":{"rendered":"New figures from the Central Statistics Office show that wholesale electricity prices dropped by 14.9% in February from…\n","protected":false},"author":2,"featured_media":361573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-361572","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/361572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=361572"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/361572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/361573"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=361572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=361572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=361572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}