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Wholesale prices stabilised in Ireland last month, according to the Central Statics Office on Thursday.
Wholesale prices were flat in May from the month before, having fallen 1.0% in April from March. On an annual basis, prices fell 1.1% in May, quickening slightly from the 0.7% fall in April.
‘Domestic producer prices for manufactured goods were on average 5.3% higher in May 2023 compared with a year earlier, while producer prices for exported goods fell by 1.4%,’ the CSO said.
Electricity prices dropped 16% in May from the previous month, and were 27% lower than May 2022.
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