Ireland’s wholesale prices rose 7.3% year-on-year in July 2026, a sharp acceleration from the 3.5% increase recorded in June and the fastest pace since October 2022. Domestic prices were up 4.5%, while export producer prices climbed 7.6%.
The overall pickup was driven primarily by higher food prices, which increased 2.7%. Additional upward pressure came from several industrial categories: chemicals and chemical products (16.5%), other non-metallic mineral products (6.4%), electrical equipment (6.2%), basic metals (5.6%), fabricated metal products excluding machinery and equipment (4.8%), and pulp, paper and paper products (4.2%).
Electricity price inflation also jumped, rising to 56.2% from 42.2% in the previous month. However, overall energy inflation eased, slowing to 19.1% from 24.5%.
On a monthly basis, wholesale prices increased 3.2% in July, the largest rise since November 2019, following a 0.2% decline in June.
