Energy

Wholesale electricity prices fall 35.6% compared to June last year – CSO

Food producer costs fell by 3.4% and construction sector materials and wages increased by 4.9% in the same period

An increase or decrease in wholesale prices can be an indication of what consumer prices will be in the future.

Wholesale electricity prices have fallen compared to the same period last year, according to published figures.

Meanwhile, food producer costs fell by 3.4 per cent and construction sector materials and wages increased by 4.9 per cent in the same period.

Wholesale electricity prices, or what is paid for electricity from the Single Electricity Market grid, increased by 11.3 per cent between May and June – but were 35.6 per cent lower compared to June last ...