Irish manufactures have faced “significant” price hikes in producing food products this year, according to figures released by the Central Statistics Office (CSO).
In the 12 months to June, producer prices rose by 49.1% for dairy products, by 14.5% for meat and meat products, and 11.7% for grain milling, starches and animal feeds.
Jillian Delaney, statistician in the CSO’s Prices division, said: “Prices in several food categories produced by Irish manufacturers were significantly higher in June 2022 compared to the same month last year.