Over the period from 2011 to 2021, bread prices in Ireland fluctuated, starting at €1.75/kg and reaching €2.03/kg by 2021. The data spotlight notable year-on-year variations; for example, a decline in 2014 followed by increases in 2015 and 2016. The highest recorded price within this timeframe was in 2020, peaking at €2.19/kg. Analyzing the past five years (2017-2021), the compound annual growth rate (CAGR) showcases a modest average annual increase.
Looking ahead, potential influencing factors include changes in agricultural input costs, shifts in consumer demand, and broader economic conditions. Monitoring these variables will be crucial for anticipating future bread price trends in Ireland.
