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Wholesale prices gain slightly in June

Wholesale manufacturing prices showed a marginal annual increase of 0.1% in June, according to the latest figures from the Central Statistics Office.

The rate of increase slowed from the 1.3% rise recorded in May.

The most notable decreases came in pharmaceuticals and other chemical products (down 6.5%) and office machinery and computers (down 4.9%).

Dairy products went the other by jumping by 7.5%, while food products were also up 6.1%.

The data also showed that construction prices declined by 4.9% since June 2008.