Wholesale prices in Ireland dropped 5.3% year-on-year in November 2025, the sharpest decline since July 2023, deepening from a 3.5% decrease in October. The acceleration was mainly driven by a steep decline in export producer prices (-6.0%) and much lower wholesale electricity prices (-16.0%). Overall manufacturing prices were also down 5.3%, while mining and quarrying fell 2.6%. Partially offsetting the decline, food producer prices rose 3.0%, led by dairy (+11.1%), meat (+6.7%), and fish (+5.1%), while chemicals surged 30.8%. Construction product prices increased 1.0%, with the building and construction index up 2.0%. On a monthly basis, wholesale prices were unchanged, following a 0.7% gain in October.