Wholesale prices fall for second month as focus remains on range of building materials

The CSO figures show that the price of wholesale electricity slid by 27.6% in December from November, and was almost 68% lower compared with December 2022.

Wholesale prices fell for a second month in a row in December, helped by much lower electricity prices, but the focus remains on a large range of products including some building materials that were still rising sharply.

The latest wholesale price figures from the Central Statistics Office show wholesale prices across the board fell slightly in the month, and were 2.1% higher compared with December 2022.