Annual Irish manufacturing prices up 2% in May
Jul 15th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish manufacturing prices are hugely influenced by movements in the Us dollar/Euro rate because of the dominance of US multinationals in Irish manufacturing and in May, the Irish monthly factory gate prices increased by 1.1%. This compares to a decrease of 1.2% recorded for May 2009. As a result, the annual percentage change showed an increase of 2.0% to May 2010, compared with an annual decrease of 0.4% to April 2010.