FX.co ★ Ireland Wholesale Prices Fall at Softer Pace

In July 2025, wholesale prices in Ireland experienced a year-on-year decrease of 3.5%, marking a moderation from the 4.6% decline observed in the prior month. The rate of decline eased across several sectors, including mining and quarrying, which saw a slight improvement from a 3.7% drop in June to a 3.6% drop in July. The prices for transportable goods fell by 3.5%, an improvement over the previous 4.6% decrease, while manufacturing, excluding food, experienced a softened decline of 4.3% compared to June's 5.6%. In the food products sector, prices also saw a slight reduction to 4% from the earlier 4.2%, driven largely by a significant decrease in the costs of dairy products, which fell to 11.1% from 22%, and bakery and farinaceous products, which edged down to 0.2% from 0.5%. On a month-to-month basis, wholesale prices dropped by 0.5% in July 2025, which represented a reprieve from the 2% decline recorded in June.