Wholesale electricity prices in Ireland rose sharply in July, increasing by 14.8% compared with June and standing 56.2% above the level recorded in the same month last year, according to new figures from the Central Statistics Office.
The monthly increase highlights continued volatility in energy markets, with electricity costs rising substantially despite remaining well below the record levels reached during the energy crisis.
The CSO said wholesale electricity prices were still 59.9% lower in July than their peak in August 2022. The figures show that although prices have fallen considerably from their highest point, energy costs remain subject to significant month-to-month movements.
Energy fuels also recorded an increase during July. Prices across the category rose by 0.6% during the month and were 19.1% higher than in July 2025.
The latest figures come as businesses and consumers continue to face changes in energy-related costs. Wholesale electricity prices can affect the wider economy because fluctuations in energy markets can feed into the costs faced by manufacturers and other businesses.
The CSO data also showed increases in producer prices for food products over the past year. Producer prices for food products rose by 2.7% in the 12 months to July.
Fish and fish products recorded one of the largest increases, with producer prices rising by 9% compared with July last year. Prices for other food products increased by 6.7% over the same period.
Producer prices measure the prices received by manufacturers and other producers for goods. Changes in these prices can provide an indication of cost pressures facing businesses before they reach consumers.
The CSO said producer prices for products sold on the domestic market were 4.5% higher in July than they were a year earlier.
Export producer prices recorded a larger annual increase, rising by 7.6% in the 12 months to July. Overall producer prices increased by 7.3% during the same period.
The figures point to continued price pressures across parts of the Irish economy, with energy recording particularly strong annual growth. While wholesale electricity prices remain far below their 2022 peak, the latest monthly rise shows that the energy market has not returned to a period of consistently stable pricing.
The increase in food producer prices also suggests that some cost pressures remain within the manufacturing and food sectors. Fish and fish products were particularly affected, recording an annual increase of 9%.
The latest CSO data provide a snapshot of price movements at the production and wholesale level, offering an indication of how energy and other input costs are changing for businesses across Ireland.
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