Please Note - Streaming News is only available to subscribers to the Active Level and above

ALN

Ireland’s annual fall in producer prices slowed in May, data published by the Central Statistics Office showed Monday.

The country’s producer price deflation decelerated to 1.8% in May from 3.6% in April.

The annual increase in wholesale electricity prices slowed to 0.8% in May from nearly 26% in April.

Monthly, producer prices rose 0.8% in May, after a decline of 1.4% in April.

Notably, the monthly fall in wholesale electricity prices slowed to 2.3% in May from nearly 16% in April.