Ireland’s wholesale prices rose 7.3% year-on-year in July 2026, accelerating sharply from a 3.5% increase in June and reaching the highest level since October 2022. Domestic prices increased 4.5%, while export producer prices rose 7.6%. The acceleration was mainly driven by higher food prices (2.7%), while additional upward pressure came from chemicals and chemical products (16.5%), other non-metallic mineral products (6.4%), electrical equipment (6.2%), basic metals (5.6%), fabricated metal products excluding machinery and equipment (4.8%), and pulp, paper and paper products (4.2%). Meanwhile, electricity price inflation accelerated to 56.2% from 42.2%, although overall energy inflation eased to 19.1% from 24.5%. On a monthly basis, wholesale prices rose 3.2%, the largest increase since November 2019, reversing a 0.2% decline in June.