Irish Wholesale Prices Rise for Second Month

Wholesale prices in Ireland rose 1.6% year-on-year in May 2026, following a 1.4% increase in the previous month and marking the second consecutive month of gain after fourteen months of contraction. Producer prices recorded notable increases in chemical and chemical products (11.9%), fabricated metal products excluding machinery and equipment (4.8%), other non-metallic mineral products (4.5%), and basic metals (4.2%). Food products rose 1.3%, driven by an 8.9% increase in fish and fish products, while food products, beverages, and tobacco prices increased 1% from a year earlier. Meanwhile, energy fuel costs surged 37% and wholesale electricity prices jumped 33.1%. Overall manufacturing prices rose 1.6%, while construction products increased 3.1% compared with the same month last year. On a monthly basis, wholesale prices edged up 0.9% in May from a 0.2% increase in the prior month.
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