Central Statistics Office (CSO) - Dublin, Ireland

The Central Statistics Office (CSO) is Ireland's foremost provider of statistical data, operating from its main facility in Dublin. With a reputation for precision and reliability, the CSO plays a pivotal role in shaping national economic strategies, with a particular focus on the dairy market.

Facilities and Team

The CSO boasts state-of-the-art facilities complemented by a dedicated team of data professionals. These experts ensure the supply of high-quality statistical outputs by adhering to the highest standards of international excellence in data collection and analysis.

Financial Indicators and Projections

In recent forecasts, the CSO has predicted a 6.8% increase in the Output Price Index for 2024, a critical indicator that will influence the pricing and revenue planning across the dairy market. Furthermore, the CSO reported a 9.8% increase in producer prices for dairy products over the twelve months leading to March 2024, underscoring the sector's volatility.

Important Events

The CSO continues to enhance its service by partnering with international statistical entities and adopting cutting-edge methodologies. This facilitates alignment with global best practices, ensuring the office's status as a provider of trusted and accurate statistics.

Company Plans

Looking ahead, the CSO is committed to advancing its data acquisition techniques and analytic methodologies. By incorporating advanced big data analytics, the office aims to deliver more timely and refined insights into market trends, with a strong emphasis on the dairy industry. This commitment underlines the CSO's role as an essential resource for data-driven decision-making, both nationally and internationally.

Challenges and Sector Impact

The dairy sector in Ireland is currently facing significant challenges, with reports of a 59% decrease in average income for dairy farmers over the past year. Increases in dairy product prices announced by the CSO in November have broad implications for both producers and consumers, necessitating strategic adaptations across the industry. According to the latest CSO data, agricultural output prices surged by 21.9% in the year up to November 2024, driven by a notable 41.9% increase in milk prices.

Additionally, as of December 2024, the CSO reported a 2% decrease in the number of dairy cows in Ireland, indicating shifts in production dynamics and potential long-term market adjustments.

For an in-depth exploration of these trends and projections, the CSO's official reports can be accessed through their website and select governmental data platforms, providing valuable insights for stakeholders across various sectors.

Modified: 2025/03/12

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