FX.co ★ Ireland Wholesale Prices Fall at a Softer Pace

Wholesale prices in Ireland decreased by 0.2% year-on-year in March 2026, easing from a 5.5% decline in February. This was the smallest annual fall in fourteen months.

The overall improvement reflected rising prices in several categories, including pulp and paper products (up 4.6% vs 2.5% in February), fabricated metal products excluding machinery and equipment (4.6% vs 3.7%), furniture (1.4% vs 0.7%), and other non-metallic mineral products (4% vs 3.5%).

At the same time, deflation eased in electricity (-2.4% vs -23.3%), food products (-1.6% vs -2.9%), and textiles (-0.7% vs -0.9%). By contrast, prices fell for dairy products (-0.6% vs a 2.2% increase previously), while price growth moderated slightly for chemicals and chemical products (21% vs 20.8%).

On a monthly basis, wholesale prices rose 3.1% in March, the sharpest increase since May 2022, following a 1.1% decline in the previous month.