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Fall in Irish producer prices accelerates in December

ALN

Ireland’s decline in producer prices sped up in December, data published by the Central Statistics Office showed Thursday.

Irish producer prices fell 6.4% on-year in December, following a 5.3% decline in November.

Monthly, producer prices were 0.6% lower in December, after no change in November.

Notably, electricity prices were 21% lower on-year in December, sped up from a 16% fall in November. Monthly, Irish electricity prices dropped 12% in December after a 22% price jump in November.

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