Wholesale prices in Ireland declined 7.4 percent from a year earlier in May of 2020, following a 6.1 percent fall in the previous month. It was the biggest drop in wholesale prices since February of 2019, mainly due to wood & wood products, except furniture (-4.6 percent vs -3.4 percent in April); paper & paper products (-0.6 percent vs -0.3 percent); printing & reproduction of recorded media (-0.5 percent vs -0.4 percent); rubber & plastic products (-1.2 percent vs -0.9 percent); basic metals (-5.7 percent vs -5.5 percent) and electrical equipment (-0.2 percent vs -0.1 percent). On a monthly basis, wholesale prices fell 1 percent, after a 1.8 percent drop in April.
Producer Prices Change in Ireland averaged 2.93 percent from 1976 until 2020, reaching an all time high of 22.13 percent in January of 1977 and a record low of -10.61 percent in June of 2003. This page provides - Ireland Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Statistics Office Ireland
Producer Prices Change in Ireland is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Ireland to stand at 1.00 in 12 months time. In the long-term, the Ireland Wholesale Prices Change is projected to trend around 1.40 percent in 2021 and 1.70 percent in 2022, according to our econometric models.