The national average price for most dairy products rose in November this year compared to the same period last year, according to new data by the Central Statistics Office (CSO).
The national average price for November shows an increase in milk prices per two litres by 13c to €2.31. There was also an increase of 23c/kg for Irish cheddar cheese to €10.69, and an increase of 5c/Ib for butter to €4.33.
The data also shows increases in prices for a white sliced plan by 3c/800g to €1.61, and an increase in the price of potatoes by 18c/2.5kg to €3.89.
The price of a striploin steak per kilogram increased from €22.12 in November 2023 to €23.40 this year. Meanwhile, the price per sirloin steak decreased slightly from €17.25/kg to 17.16/kg this year.
Pork loin chops per kg increased from €8.78 last year to €9.26, while cooked ham per kg decreased slightly from €20.90 to €20.36.
Meanwhile, a leg of lamb increased slightly from €14.15 last year to €14.29 this year. Lamb loin chops per kg increased from €22.04 to €23.03.
Overall between the month on November and October 2024, consumer prices fell slightly by 0.5%.
CSO on CPI
The Consumer Price Index (CPI) was announced by the CSO to have risen by 1% between November 2023 and November 2024, up from an annual increase of 0.7% in the 12 months to October 2024.
CSO statistician in the prices division, Anthony Dawson said: “The most significant increases in the 12 months to November 2024 were seen in restaurants and hotels (+3.8%) and alcoholic beverages and tobacco (+3.5%).
“The annual change in restaurants and hotels costs reflects higher prices for food and alcoholic drinks consumed in licensed premises, restaurants, cafes etc.”
The divisions to record the largest declines when compared with November 2023 were clothing and footwear (-7.5%) and transport (-1.6%).