21st Aug 2026 11:08
(Alliance News) - Producer prices in Ireland climbed sharply in July amid a surge in energy costs, data published by the Central Statistics Office showed Friday.
The country's producer price index inflation rate surged to 7.3% on-year in July from 3.5% in June.
Monthly, producer prices were 3.2% higher in July after a 0.2% dip in June.
Pertinently, wholesale electricity prices surged 56% on-year in Ireland in July, heating up from a 42% jump in June.
Monthly, wholesale electricity prices were 15% higher in July after a 6.2% decline in June.
By Tom Budszus, Alliance News slot editor
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