Wholesale prices in Ireland slumped 4.3 percent from a year earlier in January 2020, following a 3.2 percent decline in the previous month. It was the 23rd consecutive month of annual declines in wholesale prices and the sharpest since August, due to falling prices of: basic metals (-3.6 percent); wood and wood products (-1.6 percent); meat and meat products (-3.2 percent); fruit and vegetables (-0.5 percent) and grain milling, starches and animal feeds (-2.3 percent). On a monthly basis, wholesale prices decreased 1.0 percent, down from a 0.2 percent gain in December.
Producer Prices Change in Ireland averaged 2.98 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. source: Central Statistics Office Ireland
Producer Prices Change in Ireland is expected to be 1.00 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 1.50 in 12 months time. In the long-term, the Ireland Wholesale Prices Change is projected to trend around 1.50 percent in 2021 and 1.70 percent in 2022, according to our econometric models.