2014.04.2408:12:00UTC+00Ireland Output Prices Fall Sharply In March

Ireland's output prices fell for the sixth consecutive month annually in March, data from the Central Statistical Office showed Thursday.

The output price index fell 3.1 percent annually in March, following a 1.7 percent decline in February. Producer prices have been falling steadily since October last year.

On a monthly basis, wholesale prices dropped 0.6 percent in March, after a 0.2 percent decrease in the prior month. It was the second monthly fall in a row.

Producer prices for home sales declined 0.2 percent on a monthly basis, same as in February. Prices for export sales fell 0.8 percent, after a 0.1 percent drop in the previous month.