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Ireland Wholesale Price Inflation Slows In February


Ireland’s wholesale prices rose for the fourth straight month in February, albeit at a softer pace, data from the Central Statistics Office showed on Tuesday.

The manufacturing industries output price index increased 2.8 percent annually in February, following a 3.5 percent rise in January. The pace of inflation slowed for a second straight month.

On a monthly basis, wholesale prices rose 0.1 percent in February, same as in the previous month.

Prices for export sales rose 0.4 percent monthly in February and grew 2.6 percent from a year ago.

Prices for home sales declined 2.0 percent monthly in February and gained 6.2 percent from the previous year.

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