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Factory gate prices up 1.1% in May

Electronic products - Up 7.8% in May
Electronic products - Up 7.8% in May

Factory gate prices had a monthly increase of 1.1% in May, according to official figures from the Central Statistics Office.

As a result, prices of products before they reached the consumer showed an annual increase of 2% for that month, compared to an annual decrease of 0.4% to April of this year.

Electronic products had the most significant changes, up 7.8%, while food and chemical prices also showed significant increases.

Meanwhile, the price of petrol had an annual increase of 26% in the year since May 2009.