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Irish producer prices fell at a slower pace last month, numbers on Friday showed.
According to the nation’s Central Statistics Office, producer prices declined 3.5% on-year in July, easing from a steeper 4.6% fall in June.
Producer prices have been in deflationary territory on an annual basis every month of the year so far, bar in January when they increased 2.1%.
On-month, producer prices declined 0.5% in July, after a 2.0% fall in June from May.
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