Financial News: Irish Wholesale Price Inflation Highest Since March 2023

Irish Wholesale Price Inflation Highest Since March 2023

07/22/2026 - 08:17:00 (RTTNews)

(RTTNews) - 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.

Data showed that costs for all energy fuels surged 24.5 percent annually, and the price index for other non-metallic mineral products were 5.9 percent costlier. Wholesale electricity prices jumped 42.2 percent, and prices for construction products increased 3.1 percent.

On a monthly basis, output prices dropped 0.2 percent in June, reversing a 0.9 percent rise in May.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Services PMI Improves To 52.5 - S&P Global (16 min(s), 55 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in August, and at a faster pace, the ...Full Story»

Hong Kong Private Sector Slips Into Contraction - S&P Global (12 min(s), 55 sec(s) ago)
(RTTNews) - The private sector in Hong Kong fell into contraction in August, the latest survey fro ...Full Story»

Singapore Private Sector Accelerates In August - S&P Global (09 min(s), 55 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in August, and at a slightly faste ...Full Story»

Australia Services PMI Ebbs In August - S&P Global (23 min(s), 55 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in August, albeit at a slower pac ...Full Story»

New Zealand Q2 Terms Of Trade Tumbles 9.0% (03 min(s), 55 sec(s) ago)
(RTTNews) - New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter ...Full Story»

Australia Trade Data Due On Thursday (16 min(s), 55 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for imports, exports and trade balance ...Full Story»

U.S. Crude Oil Inventories Tumble Much More Than Expected (55 min(s), 55 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing U.S. crud ...Full Story»

U.S. Factory Orders Rebound More Than Expected In July (50 min(s), 55 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured goods rebounded by more than expected in the month of ...Full Story»