Irish Wholesale Price Inflation Highest Since March 2023
Ireland’s wholesale price inflation accelerated in June to the highest level in more than three years, data from the Central Statistics Office showed on Wednesday.
Output prices in the manufacturing industry climbed 3.5 percent year-over-year in June, faster than the 1.6 percent inrease in May. Moreover, a similar rate of growth was last seen in March 2023.
Factory gate prices for chemicals and chemical products grew 11.9 percent from last year, and those for food products rose by 2.9 percent.
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