Ireland Wholesale Prices Fall at a Softer Pace

Wholesale prices in Ireland fell by 0.2% year-on-year in March 2026, easing from a 5.5% drop in the previous month. This marked the softest decline in fourteen months, as prices increased for pulp and paper products (4.6% vs 2.5% in February), fabricated metal products, except machinery equipment (4.6% vs 3.7%), furniture (1.4% vs 0.7%), and other non-metallic mineral products (4% vs 3.5%). At the same time, deflation slowed for electricity (-2.4% vs -23.3%), food products (-1.6% vs -2.9%), and textiles (-0.7% vs -0.9%). In contrast, costs declined for dairy products (-0.6% vs 2.2%), while prices moderated for chemical and chemical products (21% vs 20.8%). On a monthly basis, wholesale prices rose 3.1% in March, the strongest increase since May 2022, rebounding from a 1.1% decline in the preceding period.
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