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Ireland Factory Gate Inflation Eases In February

Ireland's manufacturing output price inflation eased in February, after accelerating in the previous month, data from the Central Statistics Office showed Wednesday.

Factory gate prices increased 2.3 percent year-on-year in February, slower than the 2.7 percent rise seen in January.

Manufacturing output prices for export market gained 1.9 percent year-on-year in February, while domestic market prices advanced 3.7 percent.

Month-on-month, manufacturing output prices declined 0.6 percent in February, reversing the 1.4 percent gain in January. Prices fell for the first time in four months.

by RTTNews Staff Writer

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