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Financial News: Ireland Wholesale Prices Decline Most Since February 2019

Ireland Wholesale Prices Decline Most Since February 2019

08/21/2020 - 08:35:00 (RTTNews)

(RTTNews) - Ireland's wholesale prices continued to decline in July, data from the Central Statistics Office showed on Friday.

Wholesale prices decreased 8.4 percent annually in July, following a 8.2 percent decline in June. This was the biggest fall since February 2019, when prices decreased 9.4 percent.

On a monthly basis, wholesale prices fell 0.9 percent in July, following a 1.2 percent decline in the previous month.

Prices for export sales decreased by 0.9 percent monthly in July and fell 8.7 percent from a year ago.

Prices for home sales remained unchanged on month and declined 1.7 percent from the previous year.

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