Annual Irish Manufacturing Prices down 4.0% in April bucking international trend; Overwhelming dominance of multinationals impacts Irish data
May 22nd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The CSO said today that monthly factory gate/manufacturing prices remained unchanged in April 2008. This compares to a decrease of 0.3% recorded for April 2007. As a result, the annual percentage change showed a decrease of 4.0% in April 2008, compared with a decrease of 4.3% in March 2008. UK producer prices rose 7.5% in year to April and the US Producer Price Index rose by 6.5%. The overwhelming dominance of multinationals, impacts Irish data.