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Ireland Wholesale Prices Fall Most In 10 Months

Ireland’s wholesale prices declined at the fastest pace in ten months in April, the Central Statistics Office reported on Friday.

Wholesale prices decreased 6.1 percent annually in April, following a 4.2 percent decline in March. This was the biggest fall since June 2019, when prices decreased 6.8 percent.

On a monthly basis, wholesale prices fell 1.8 percent in April, following a 2.2 percent decline in the previous month.

Prices for export sales decreased by 1.9 percent monthly in April and fell 6.4 percent from a year ago.

Prices for home sales fell by 0.5 percent on month and declined 1.5 percent from the previous year.

The material has been provided by InstaForex Company – www.instaforex.com