Fuel oil prices at 'highest level' in five years, says CSO 

New wholesale figures show all energy fuels rose by almost 33% in April

All energy fuels were up by 32.6% in the month, largely driven by increases in Fuel Oil (50%) and Gas Oil (16.9%)

The price of all energy fuels rose by almost a third in April in the wake of the Middle East conflict, with costs increasing by more than 32%, new figures from the Central Statistics Office (CSO) show.

Publishing its latest wholesale price index on Friday, the agency reported annual price rises across all fuel types of over 42% on an annual basis. 

"All energy fuels were up by 32.6% in the month, largely driven by increases in Fuel Oil (50%) and Gas Oil (16.9%), said CSO statistician Deirdre Toher. 

"Fuel oil prices are at their highest recorded value since this series started in 2021, while Gas Oil (other than autodiesel) prices are at their highest since July 2022."

Meanwhile, wholesale electricity prices rose by just under 2% in April, but where 18% higher compared to the same period last year. 

Domestic producer prices for manufactured goods were over 3% higher on average in April compared to the same month in 2025, while producer prices for exported goods were up by 1.2%. Overall, manufacturing producer prices were 1.4% higher in the 12 months to April 2026.

Producer prices for food products increased by 1% in the 12 months to April, while the food products, beverages and tobacco Index was up by 0.8%.

One of the most notable changes in producer prices for food products over the 12 months to April 2026 was in fish and fish products, which the CSO said rose by 8.6%.

The most noteworthy changes in other producer prices in the year to April were chemicals and chemical products, which rose by 12%, fabricated metal products, except machinery and equipment, which increased by 5%, and pulp, paper and paper products, up 4.1%.

Wholesale prices for construction products increased by 0.4% in the month to April and rose by 2% on an annual basis.