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Ireland's wholesale prices declined at the fastest pace in fifteenth months in May, the Central Statistics Office reported on Monday.
Wholesale prices decreased 7.4 percent annually in May, following a 6.1 percent decline in April. This was the biggest fall since February 2019, when prices decreased 9.4 percent.
On a monthly basis, wholesale prices fell 1.0 percent in May, following a 1.8 percent decline in the previous month.
Prices for export sales decreased by 0.9 percent monthly in May and fell 7.5 percent from a year ago.
At the same time, prices for home sales fell by 0.1 percent on month and declined 1.6 percent from the previous year.
