Central Statistics Office (CSO) - Dublin, Ireland

The Central Statistics Office, known as CSO, is a key provider of statistical data in Ireland, located in Dublin. The office is recognized for its precision, reliability, and commitment to timely data dissemination, playing a crucial role in shaping national and industry-specific economic strategies, particularly within the dairy sector.

Facilities and Team

The CSO operates from modern facilities equipped with state-of-the-art technology to support its mission of delivering high-quality statistical outputs. The office boasts a dedicated team of professionals who are experts in data collection and analysis, ensuring that their information meets international excellence standards.

Financial Indicators and Projections

The CSO provides vital economic forecasts guiding policymakers and industry players. Recently, it predicted a 6.8% increase in the Output Price Index for 2024. This projection significantly impacts the dairy market as it influences pricing and revenue planning. Additionally, the CSO reported a 9.8% increase in producer prices for dairy products over the twelve months leading to March 2024, highlighting ongoing market volatility.

Important Events

The CSO enhances its output through collaboration with international statistical bodies and the adoption of advanced methodologies. These efforts ensure alignment with global best practices, reinforcing the office's reputation as a provider of trustworthy statistics.

Company Plans

The CSO is focused on continued innovation in data acquisition and analysis. By integrating advanced big data analytical techniques, the office plans to offer more refined and timely insights into various market trends, particularly within the dairy sector. This strategy underscores the CSO's commitment to remaining a critical resource for data-driven decision-making in Ireland and beyond.

Challenges and Sector Impact

Recent reports indicate a 59% decrease in average income for dairy farmers over the last year, reflecting ongoing challenges within the sector. The CSO's announcements of increased dairy prices in November have ramifications for producers and consumers, necessitating adaptive strategies across the industry. Agricultural output prices surged by 21.9% in the year leading up to November 2024, driven by a 41.9% increase in milk prices, according to the latest CSO data.

For more in-depth information, the CSO's official reports and publications are available on their website and other governmental data platforms, providing comprehensive insights crucial for various sectors.

Modified: 2025/02/04

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