European Economic News

Ireland Factory-gate Inflation Accelerates In April

Output prices in the Irish manufacturing sector rose at the strongest pace in five month during April, data released by the Central Statistics Office showed Wednesday.

Factory-gate prices rose 1.9 percent year-on-year, following 1.1 percent rise in the previous month. The latest increase was the biggest since November, when output prices grew 2.7 percent.

Month-on-month, output prices in the manufacturing sector rose 0.3 percent in April, after a 0.9 percent gain in March.

by RTTNews Staff Writer

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