We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

factory via ters

Factory gate prices fall by 3.1 per cent in March

However, the price paid for dairy products rose by 12.6 per cent.

THE PRICE PAID for goods from the manufacturing sector has fallen 3.1 per cent compared to March 2013.

The latest figures from the Central Statistics Office show the price index for both the home and export market fell by 0.2 and 0.8 per cent respectively.

Across the food sector, which saw an overfall change of -1.7 per cent, the vegetable and animal oil sector fell by a significant 21.3 per cent, with the dairy products seeing a rise of 12.6 per cent.

The price paid for wood products rose by 10 per cent.

The crucial pharmaceutical sector saw a fall of 6.4 per cent.

Earlier this month, the Irish Small and Medium Enterprise Association (ISME) warned the the manufacturing sector in Ireland was showing “worrying” signs.

In the association’s survey of key business indicators, which gauge factors such as sales expectations, current exports, and business confidence, the manufacturing sector reported either declines or no change in all 12 indicators, with Current Sales dropping from 29% to 12%.

CEO Mark Fielding warned that ‘the storm has not passed’.


Read: Some businesses aren’t feeling a strong recovery according to this survey >

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.