Ireland Wholesale Prices Fall The Most In 16 Years
Ireland’s wholesale prices declined at the fastest pace in sixteen months in June, data from the Central Statistics Office showed on Wednesday.
Wholesale prices decreased 8.2 percent annually in June, following a 7.4 percent decline in May. This was the biggest fall since February 2019, when prices decreased 9.4 percent.
On a monthly basis, wholesale prices fell 1.2 percent in June, following a 1.0 percent decline in the previous month.
Prices for export sales decreased by 1.5 percent monthly in June and fell 8.2 percent from a year ago.
Prices for home sales rose by 0.1 percent on month and declined 1.5 percent from the previous year.