Compared with the same 12 months in 2022, last year's milk price index was down 36.8%, according to the Central Statistics Office (CSO).
While the most significant output price decreases in the 12 months to November 2023 were in milk (-36.8%), cereals also dropped by 31.6%.
Meanwhile, increases were recorded in potatoes (63.2%), vegetables (17.7%), and poultry prices (3.1%).
As well as this, over this period, there were significant reductions in the input prices recorded for fertiliser, which was down 47.1%, while feed was down 12.1% and energy prices were down 11.5%.
Commenting on the release, CSO statistician in the agriculture division Dr Grzegorz Glaczynski said: "On a monthly basis, the agricultural output price index was up by 1.3%, while the agricultural input price index fell by 0.7% when compared with October 2023.
"The output price index continues to recover since the low point in August 2023, while input price index has continued to reduce since November 2022."
SHARING OPTIONS: