Wholesale energy fuel prices in Ireland rose by more than 42% over the past year, according to new figures released by the Central Statistics Office on Friday.
The CSO said energy fuel prices also jumped by 32.6% in April alone, driven largely by sharp increases in fuel oil and gas oil costs.
Fuel oil prices rose by 50.1% during the month and are now at their highest recorded level since the CSO began tracking the data in 2021.
Wholesale electricity prices also continued to rise.
The CSO said electricity prices increased by 1.9% in April and were 18% higher than the same month last year.
Commenting on the figures, CSO statistician Deirdre Toher said wholesale price inflation increased during April.
“Wholesale price inflation showed an increase in April 2026 with a 0.2% growth in the overall Producer Price Index for manufacturing industries in the month,” Toher said.
She said domestic producer prices were also higher than a year earlier.
“Producer prices for products sold on the domestic market were 3.4% higher in April 2026 compared with April 2025,” she said.
The latest figures also showed rising costs across several sectors linked to everyday goods and construction.
Food producer prices increased by 1% over the year, while fish and fish products saw one of the sharpest increases, rising by 8.6%.
Chemicals and chemical products rose by 11.9%, while fabricated metal products increased by 5%.
Construction costs also continued to climb.
The CSO said wholesale prices for construction products rose by 0.4% in April and were 2% higher than a year earlier.
The Building & Construction Index, which includes both materials and wages, increased by 2.7% over the past 12 months.
Despite the recent increases, electricity prices remain well below the peak levels recorded during the energy crisis in 2022.
“They have fallen by 66.2% when compared with the peak that occurred in August 2022,” Toher said.