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Ireland’s producer price index inflation rate slowed markedly on a month-on-month basis in April, data published by the Central Statistics Office showed Friday. The country’s producer price index inflation rate stood at 0.2% on a month-over-month basis in April, following a 3.1% surge in March. In February, producer prices had fallen by 1.1%. Annually, producer prices rose 1.4% in April, after a 0.2% fall in March. In February, producer prices had declined by 5.5% on-year. The CSO noted that all energy fuels were up 32.6% on-month in April, and 42.3% higher than in April 2025. This is up sharply from 4.6% on-month in March and 6.5% on-year in that month. On February 28, the US and Israel launched a war against Iran, which has sharply raised energy prices. Wholesale electricity prices were up 1.9% monthly in April, following a 19.2% jump in March. On-year, energy prices were 18% higher in April, after a 2.4% fall in March. Notably, producer prices for chemicals & chemical products were up 11.9% on-year in April, albeit decelerated from a 20.8% jump in March. Meanwhile, producer prices for food products increased by 1.0% on-year in April, following a 1.6% decline in March. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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