Wholesale electricity prices fell by more than 24% last month
While wholesale prices have softened considerably over the past 12 months, retail prices for consumers remain elevated
While wholesale prices have softened considerably over the past 12 months, retail prices for consumers remain elevated
Meanwhile, producer prices for food products increased by 3% in the year and 0.1% since October
Meanwhile, producer prices for food products increased by 4.1% in the year and 0.3% since September, data from the CSO shows
Elsewhere, producer prices for food rose by 4.5% in September compared with the same month last year, CSO data shows
Irish households are paying about €350 more a year for electricity compared to other EU countries
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Electric Ireland has made a further price cut, with other providers expected to follow suit. But the market is volatile and prices are still high compared to 2021
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