Producer prices for food products decreased by 1.6% in the 12 months to March 2026, new figures from the Central Statistics Office (CSO) show.
Meat and meat products were down 0.3%, while dairy products were down 0.6%.
The CSO said one of the most notable changes in producer prices for food products over the 12 months to March 2026 was for fish and fish products, up 6.1%.
CSO data shows that wholesale electricity prices rose by 19.2% in March 2026 when compared with February 2026 but were 2.4% lower than March 2025.
The CSO has today (Tuesday, April 28) published the Wholesale Price Index for March 2026.
Commenting on the release, Deirdre Toher, statistician in the prices division, said: “Wholesale price inflation showed an increase in March 2026 with a 3.1% growth in the overall producer price index for manufacturing industries in the month.
"The price index for export sales was up by 3.3% since February 2026, while the index for home sales was up by 1.2% in the month.
"Producer prices for products sold on the domestic market were 3.5% higher in March 2026 compared with March 2025.
"In the 12 months to March 2026, export producer prices fell by 0.6%, while overall producer prices were down by 0.2%."
Toher said it should be noted that the monthly March changes capture the initial impact of the events in the Middle East.
She continued: "Wholesale electricity prices rose by 19.2% in March 2026 when compared with February 2026 but were 2.4% lower than March 2025.
"They have fallen by 66.8% when compared with the peak that occurred in August 2022.
"Producer prices for food products increased by 1% since February 2026 but fell by 1.6% in the year since March 2025."